AI assistant
CREDIT ACCEPTANCE CORP — Director's Dealing 2017
Feb 1, 2017
31014_dirs_2017-02-01_3e2237f2-5ca3-429b-9cbf-e0a19e01d3b8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2017-01-30
Reporting Person: VASSALLUZZO SCOTT J (Director, 10% Owner, Member of Section 13(d) Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-30 | Common Stock | A | 800 | $0.00 | Acquired | 62525 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2758 | Indirect |
Footnotes
F1: Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Vassalluzzo on February 22, 2021.
F2: Includes 2,400 restricted stock units that have vested under the Company's Incentive Compensation Plan.
F3: These shares are owned directly by investment accounts established for the benefit of certain family members of Mr. Vassalluzzo. 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. Vassalluzzo disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.