CREDIT ACCEPTANCE CORP — Director's Dealing 2017

Mar 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2017-03-31

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-31	Common Stock	S	81681	$198	Disposed	475447	Indirect
2017-03-31	Common Stock	S	5395	$198	Disposed	41446	Indirect
2017-03-31	Common Stock	S	112924	$198	Disposed	853424	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	164804	Indirect
Common Stock	58154	Indirect
Common Stock	58154	Indirect
Common Stock	2146	Indirect

Footnotes

F1: These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.

F2: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable 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 Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.

F5: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson.

F6: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson.

F7: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.