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CREDIT ACCEPTANCE CORP Director's Dealing 2019

Jan 31, 2019

31014_dirs_2019-01-31_5283372f-820c-48b5-a33c-3b714a2811fc.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: 2019-01-29

Reporting Person: SMITH ARTHUR L (Chief Analytics Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-29 Common Stock F 2436 $408.67 Disposed 13295 Direct
2019-01-29 Common Stock A 1825 $0.00 Acquired 15120 Direct

Footnotes

F1: Shares withheld to satisfy tax withholding obligations in conjunction with the conversion of vested restricted stock units to common stock.

F2: Includes 1,825 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. Smith on January 30, 2023.

F4: Includes 3,650 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.