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CREDIT ACCEPTANCE CORP Director's Dealing 2020

Jan 31, 2020

31014_dirs_2020-01-31_88e9c516-a793-4749-9ebe-e6989892ac45.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: 2020-01-29

Reporting Person: KOTCH NOAH (Chief Information Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-29 Common Stock A 1075 Acquired 8507 Direct
2020-01-29 Common Stock F 47 $461.53 Disposed 8460 Direct

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. Kotch on January 30, 2023.

F2: Includes 8,507 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 8,460 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.