AI assistant
CREDIT ACCEPTANCE CORP — Director's Dealing 2019
Jan 31, 2019
31014_dirs_2019-01-31_8ab53bf1-fca5-46f5-859c-c6e2844bed90.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: 2019-01-29
Reporting Person: Soave John S. (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-29 | Common Stock | F | 1241 | $408.67 | Disposed | 18246 | Direct |
| 2019-01-29 | Common Stock | A | 1550 | $0.00 | Acquired | 19796 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3278 | Indirect |
| Common Stock | 169 | Indirect |
Footnotes
F1: Shares withheld to satisfy tax withholding obligations in conjunction with the conversion of vested restricted stock units to common stock.
F2: Includes 1,550 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F3: 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. Soave on January 30, 2023.
F4: Includes 3,100 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F5: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 29, 2019, according to the Plan trustee.