CREDIT ACCEPTANCE CORP — Director's Dealing 2010

Jul 14, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-07-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-13	Common Stock	M	25000	$9.885	Acquired	339073	Direct
2010-07-13	Common Stock	S	25000	$49.01	Disposed	314073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-13	Employee Stock Option (right to buy)	$9.885	M	25000	Disposed	2012-01-02	Common Stock (25000)	Direct

Footnotes

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

F2: 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.