CREDIT ACCEPTANCE CORP — Director's Dealing 2017

Jun 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2017-06-06

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-06	Common Stock	S	2481	$220.06	Disposed	332599	Indirect
2017-06-06	Common Stock	S	213	$220.06	Disposed	29143	Indirect
2017-06-06	Common Stock	S	2764	$220.06	Disposed	694316	Indirect
2017-06-06	Common Stock	S	1912	$221.25	Disposed	330687	Indirect
2017-06-06	Common Stock	S	165	$221.25	Disposed	28978	Indirect
2017-06-06	Common Stock	S	2130	$221.25	Disposed	692186	Indirect
2017-06-06	Common Stock	S	1082	$222.34	Disposed	329605	Indirect
2017-06-06	Common Stock	S	93	$222.34	Disposed	28885	Indirect
2017-06-06	Common Stock	S	1205	$222.34	Disposed	690981	Indirect
2017-06-06	Common Stock	S	2549	$223.59	Disposed	327056	Indirect
2017-06-06	Common Stock	S	219	$223.59	Disposed	28666	Indirect
2017-06-06	Common Stock	S	2839	$223.59	Disposed	688142	Indirect
2017-06-06	Common Stock	S	809	$224.12	Disposed	326247	Indirect
2017-06-06	Common Stock	S	70	$224.12	Disposed	28596	Indirect
2017-06-06	Common Stock	S	902	$224.12	Disposed	687240	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.76 to $220.75, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

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 Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F4: These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.86 to $221.79, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.88 to $222.72, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.95 to $223.92, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.97 to $224.42, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.