CREDIT ACCEPTANCE CORP — Director's Dealing 2020

Jan 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2020-01-29

Reporting Person: LUM JONATHAN (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-29	Common Stock	A	1000	—	Acquired	11260	Direct
2020-01-29	Common Stock	F	46	$461.53	Disposed	11214	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	321	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. Lum on January 30, 2023.

F2: Includes 3,000 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.

F3: Shares withheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.

F4: Includes 2,954 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) Plan and Trust as of January 29, 2020, according to the Plan trustee.