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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.