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CREDIT ACCEPTANCE CORP Director's Dealing 2015

Dec 3, 2015

31014_dirs_2015-12-03_d69a19d8-4efc-4300-a8da-ef499ba03fc8.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: 2015-12-01

Reporting Person: SMITH THOMAS W (10% Owner, Member of Section 13(d) Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-12-01 Common Stock P 1000 $202.3873 Acquired 58750 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 89037 Indirect
Common Stock 670397 Indirect
Common Stock 13948 Indirect

Footnotes

F1: These shares are owned directly by investment accounts established for the benefit of certain family members of Thomas W. Smith. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F2: These shares are owned directly by the Prescott Investors Profit Sharing Trust (the "Trust") and are beneficially owned indirectly by Mr. Smith as a trustee of the Trust. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-8(b)(2)(ii). The address of the Trust is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

F3: These shares are owned directly by Ridgeview Smith Investments LLC ("Ridgeview"), a limited liability company established by Mr. Smith for the benefit of his family and are beneficially owned indirectly by Mr. Smith as the managing member of Ridgeview. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-1(a)(2)(iii). The address of Ridgeview is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

F4: These shares are owned directly by the Thomas W. Smith Foundation (the "Foundation") and are beneficially owned indirectly by Mr. Smith as trustee of the Foundation. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under 16a-8(b)(2)(ii). The address for the Foundation is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.