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CREDIT ACCEPTANCE CORP — Director's Dealing 2021
Sep 3, 2021
31014_dirs_2021-09-03_24b0ff7b-0e9e-4b1c-9012-8974d77aeaad.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: 2021-09-01
Reporting Person: ULATOWSKI DANIEL A. (Chief Sales Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-01 | Common Stock | S | 1500 | $600 | Disposed | 14959 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 53 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $333.94 | 2026-12-30 | Common Stock (50000.0) | 50000 | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: Includes 7,300 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F3: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of August 1, 2021, according to the Plan trustee.
F4: The option, representing a right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.