CREDIT ACCEPTANCE CORP — Director's Dealing 2011

Feb 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2011-02-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Stock	M	13100	$9.25	Acquired	297173	Direct
2011-02-09	Common Stock	S	10000	$64.50	Disposed	287173	Direct
2011-02-09	Common Stock	S	918	$64.60	Disposed	286255	Direct
2011-02-09	Common Stock	S	7	$64.63	Disposed	286248	Direct
2011-02-09	Common Stock	S	1067	$64.70	Disposed	285181	Direct
2011-02-09	Common Stock	S	8	$64.765	Disposed	285173	Direct
2011-02-09	Common Stock	S	951	$64.80	Disposed	284222	Direct
2011-02-09	Common Stock	S	49	$64.85	Disposed	284173	Direct
2011-02-09	Common Stock	S	100	$64.90	Disposed	284073	Direct
2011-02-10	Common Stock	M	5900	$9.25	Acquired	289973	Direct
2011-02-10	Common Stock	S	5900	$65.00	Disposed	284073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-09	Employee Stock Option (right to buy)	$9.25	M	13100	Disposed	2012-01-02	Common Stock (13100)	Direct
2011-02-10	Employee Stock Option (right to buy)	$9.25	M	5900	Disposed	2012-01-02	Common Stock (5900)	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 March 29, 2005.