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Filing Details

Accession Number:: 0000885550-21-000110
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-03 16:13:55
Reporting Period:: 2021-09-02

Accepted Time:: 2021-09-03 16:13:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
885550	Credit Acceptance Corp	CACC	Personal Credit Institutions (6141)	381999511

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1300069	Kenneth Booth	25505 West Twelve Mile Road Southfield MI 48034	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2021-09-02	2,460	$659.75	21,052	No	4	S	Direct
Common Stock	Disposition	2021-09-02	500	$660.69	20,552	No	4	S	Direct
Common Stock	Disposition	2021-09-02	40	$661.33	20,512	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (right to buy)	$333.94		2026-12-30	50,000	50,000	Direct
Common Stock	Employee Stock Option (right to buy)	$390.39		2031-04-28	110,000	110,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-12-30	50,000	50,000	Direct
2031-04-28	110,000	110,000	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $659.27 to $660.25, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.26 to $661.13, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
The option, representing a right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.
The option, representing a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted.