CREDIT ACCEPTANCE CORP — Director's Dealing 2011

Jun 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2011-06-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-21	Common Stock	M	9003	$9.885	Acquired	277299	Direct
2011-06-21	Common Stock	S	938	$80.30	Disposed	276361	Direct
2011-06-21	Common Stock	S	859	$80.3001	Disposed	275502	Direct
2011-06-21	Common Stock	S	100	$80.31	Disposed	275402	Direct
2011-06-21	Common Stock	S	100	$80.32	Disposed	275302	Direct
2011-06-21	Common Stock	S	3	$80.33	Disposed	275299	Direct
2011-06-21	Common Stock	S	2000	$80.35	Disposed	273299	Direct
2011-06-21	Common Stock	S	1000	$80.40	Disposed	272299	Direct
2011-06-21	Common Stock	S	1000	$80.45	Disposed	271299	Direct
2011-06-21	Common Stock	S	3003	$80.50	Disposed	268296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-21	Employee Stock Option (right to buy)	$9.885	M	9003	Disposed	2012-01-02	Common Stock (9003)	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.