Filing Details

Accession Number:
0000885550-21-000143
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-05 16:11:12
Reporting Period:
2021-11-03
Accepted Time:
2021-11-05 16:11:12
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
1218952 W Douglas Busk 25505 West Twelve Mile Road
Southfield MI 48034
Chief Treasury Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-11-03 1,253 $661.14 6,566 No 4 S Direct
Common Stock Disposition 2021-11-03 100 $661.64 6,466 No 4 S Direct
Common Stock Disposition 2021-11-03 33 $664.03 6,433 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
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 46,000 46,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-12-30 46,000 46,000 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.05 to $660.15, 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.
  2. Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
  3. The option, representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.