CREDIT ACCEPTANCE CORP — Director's Dealing 2011

Jun 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2011-06-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-22	Common Stock	M	1074	$9.885	Acquired	269370	Direct
2011-06-22	Common Stock	S	974	$80.50	Disposed	268396	Direct
2011-06-22	Common Stock	S	26	$80.51	Disposed	268370	Direct
2011-06-22	Common Stock	S	74	$80.60	Disposed	268296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-22	Employee Stock Option (right to buy)	$9.885	M	1074	Disposed	2012-01-02	Common Stock (1074)	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.