CREDIT ACCEPTANCE CORP — Director's Dealing 2014

Mar 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2014-03-05

Reporting Person: Flanagan Glenda J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-05	Common Stock	M	100	$17.245	Acquired	11225	Direct
2014-03-05	Common Stock	S	100	$148.06	Disposed	11125	Direct
2014-03-06	Common Stock	M	30808	$17.245	Acquired	41933	Direct
2014-03-06	Common Stock	S	4400	$146.2298	Disposed	37533	Direct
2014-03-07	Common Stock	S	300	$146.08	Disposed	37233	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-05	Director Stock Option (right to buy)	$17.245	M	100	Disposed	2014-03-10	Common Stock (100)	Direct
2014-03-06	Director Stock Option (right to buy)	$17.245	M	30808	Disposed	2014-03-10	Common Stock (30808)	Direct

Footnotes

F1: Includes 9,125 restricted stock units that have vested under the Company's Incentive Compensation Plan.

F2: The director stock options vested in installments based on the Company's satisfaction of certain performance-related criteria and became vested in full on February 28, 2008.