Filing Details
- Accession Number:
- 0000885550-23-000046
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-04-24 16:04:55
- Reporting Period:
- 2023-04-20
- Accepted Time:
- 2023-04-24 16:04:55
- 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 |
---|---|---|---|---|---|---|---|
1924960 | K Andrew Rostami | 25505 West Twelve Mile Road Southfield MI 48034 | Chief Mktg And Product 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 | 2023-04-20 | 461 | $500.00 | 7,115 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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) | $585.93 | 2028-04-18 | 16,000 | 16,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2028-04-18 | 16,000 | 16,000 | Direct |
Footnotes
- Includes 7,000 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. The original 4,000 restricted stock units granted to Mr. Rostami vest and are being distributed in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 restricted stock units will vest and be distributed in four equal annual installments beginning on October 31, 2023, which is the first anniversary of the date on which the restricted stock units were granted.
- The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted.