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CREDIT ACCEPTANCE CORP — Director's Dealing 2010
Dec 16, 2010
31014_dirs_2010-12-16_e3274352-dd29-438c-8d26-21dc27802989.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-12-15
Reporting Person: VASSALLUZZO SCOTT J (Director, 10% Owner, Member of Section 13(d) Group)
Reporting Person: SMITH THOMAS W (10% Owner, Member of Section 13(d) Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-15 | Common Stock | S | 8000 | $61.71 | Disposed | 192000 | Indirect |
| 2010-12-16 | Common Stock | S | 8500 | $61.60 | Disposed | 183500 | Indirect |
Footnotes
F1: These shares are owned directly by the Prescott Investors Profit Sharing Trust("Trust") and indirectly by Messrs. Scott J. Vassalluzzo and Thomas W. Smith as trustees of the Trust. Messrs. Vassalluzzo and Smith each disclaim beneficial ownership of these shares in excess of their pencuniary interest under 16a-8(b)(2)(ii). The address for the Trust is 323 Railroad Avenue, Greenwich, CT 06830
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