CREDIT ACCEPTANCE CORP — Director's Dealing 2014

Jun 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2014-06-20

Reporting Person: Watson Jill Foss (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-20	Common Stock	S	195834	$125.58	Disposed	948299	Indirect
2014-06-20	Common Stock	S	324606	$125.58	Disposed	1571858	Indirect
2014-06-20	Common Stock	S	15740	$125.58	Disposed	76218	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2146	Indirect
Common Stock	400000	Indirect

Footnotes

F1: Tendered pursuant to issuer tender offer.

F2: These shares are owned of record by Jill Foss Watson as Trustee of the Jill Foss Watson Living Trust.

F3: These shares are owned of record by Jill Foss Watson as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.

F4: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F5: By Jill Foss Watson as UTMA custodian.

F6: Excludes 400,000 shares previously owned, which were contributed to a Grantor Retained Annuity Trust on June 3, 2014.

F7: These shares are owned of record by Jill Foss Watson as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust, dated April 1, 2014.