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CREDIT ACCEPTANCE CORP — Director's Dealing 2011
Feb 9, 2011
31014_dirs_2011-02-09_d8cf3c4e-ce86-4c0d-b695-1516ac3df94e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2011-02-07
Reporting Person: JONES STEVEN M (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-07 | Common Stock | A | 30000 | $0.00 | Acquired | 78662 | Direct |
Footnotes
F1: Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Jones on February 22, 2016.
F2: Includes 60,000 restricted stock units that have vested under the Company's Incentive Compensation Plan. Also includes 18,662 shares of unvested time-based restricted stock under the Company's Incentive Compensation Plan.