CREDIT ACCEPTANCE CORP — Director's Dealing 2010

Nov 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-11-22

Reporting Person: ROBERTS BRETT A (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-22	Common Stock	M	34921	$9.25	Acquired	348994	Direct
2010-11-22	Common Stock	M	5079	$9.885	Acquired	354073	Direct
2010-11-22	Common Stock	S	3000	$60.00	Disposed	351073	Direct
2010-11-22	Common Stock	S	2000	$60.05	Disposed	349073	Direct
2010-11-22	Common Stock	S	1000	$60.09	Disposed	348073	Direct
2010-11-22	Common Stock	S	7000	$60.10	Disposed	341073	Direct
2010-11-22	Common Stock	S	3000	$60.15	Disposed	338073	Direct
2010-11-22	Common Stock	S	6000	$60.20	Disposed	332073	Direct
2010-11-22	Common Stock	S	2000	$60.25	Disposed	330073	Direct
2010-11-22	Common Stock	S	3000	$60.30	Disposed	327073	Direct
2010-11-22	Common Stock	S	5000	$60.50	Disposed	322073	Direct
2010-11-22	Common Stock	S	2000	$60.75	Disposed	320073	Direct
2010-11-22	Common Stock	S	2000	$60.90	Disposed	318073	Direct
2010-11-22	Common Stock	S	2000	$60.95	Disposed	316073	Direct
2010-11-22	Common Stock	S	2000	$61.00	Disposed	314073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-22	Employee Stock Option (right to buy)	$9.25	M	34921	Disposed	2012-01-02	Common Stock (34921)	Direct
2010-11-22	Employee Stock Option (right to buy)	$9.885	M	5079	Disposed	2012-01-02	Common Stock (5079)	Direct

Footnotes

F1: Includes 180,000 restricted stock units that have vested under the Company's Incentive Compensation Plan.

F2: The employee's stock options vested in installments based on the Company's satisfaction of certain performance-related criteria and became vested in full on March 29, 2005.

F3: The employee stock options vested in installments based on the Company's satisfaction of certain performance-related criteria and became vested in full on February 27, 2006.