CREDIT ACCEPTANCE CORP — Director's Dealing 2011

Jun 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2011-06-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-24	Common Stock	M	5038	$9.885	Acquired	273334	Direct
2011-06-24	Common Stock	S	961	$80.05	Disposed	272373	Direct
2011-06-24	Common Stock	S	39	$80.06	Disposed	272334	Direct
2011-06-24	Common Stock	S	2500	$80.15	Disposed	269834	Direct
2011-06-24	Common Stock	S	975	$80.20	Disposed	268859	Direct
2011-06-24	Common Stock	S	25	$80.205	Disposed	268834	Direct
2011-06-24	Common Stock	S	322	$80.25	Disposed	268512	Direct
2011-06-24	Common Stock	S	216	$80.30	Disposed	268296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-24	Employee Stock Option (right to buy)	$9.885	M	5038	Disposed	2012-01-02	Common Stock (5038)	Direct

Footnotes

F1: Includes 150,000 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.