Filing Details

Accession Number:
0000885550-22-000032
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-06 16:07:51
Reporting Period:
2022-05-04
Accepted Time:
2022-05-06 16:07:51
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 Acquisiton 2022-05-04 5,000 $333.94 11,433 No 4 M Direct
Common Stock Disposition 2022-05-04 677 $616.31 10,756 No 4 S Direct
Common Stock Disposition 2022-05-04 2,200 $619.68 8,556 No 4 S Direct
Common Stock Disposition 2022-05-04 1,100 $621.34 7,456 No 4 S Direct
Common Stock Disposition 2022-05-04 300 $622.58 7,156 No 4 S Direct
Common Stock Disposition 2022-05-04 700 $624.00 6,456 No 4 S Direct
Common Stock Disposition 2022-05-04 23 $627.91 6,433 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2022-05-04 5,000 $0.00 5,000 $333.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
41,000 2026-12-30 No 4 M Direct
Footnotes
  1. Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $621.25 to $622.12, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $622.47 to $622.64, inclusive.
  4. The option, initially representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.