CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Aug 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-08-09

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-09	Common Stock	S	53	$548.56	Disposed	117474	Indirect
2021-08-09	Common Stock	S	306	$550.57	Disposed	117168	Indirect
2021-08-09	Common Stock	S	748	$551.78	Disposed	116420	Indirect
2021-08-09	Common Stock	S	1659	$552.60	Disposed	114761	Indirect
2021-08-09	Common Stock	S	793	$553.74	Disposed	113968	Indirect
2021-08-09	Common Stock	S	588	$554.71	Disposed	113380	Indirect
2021-08-09	Common Stock	S	40	$555.81	Disposed	113340	Indirect
2021-08-09	Common Stock	S	13	$557.05	Disposed	113327	Indirect
2021-08-09	Common Stock	S	79	$548.56	Disposed	308963	Indirect
2021-08-09	Common Stock	S	460	$550.57	Disposed	308503	Indirect
2021-08-09	Common Stock	S	1122	$551.78	Disposed	307381	Indirect
2021-08-09	Common Stock	S	2489	$552.60	Disposed	304892	Indirect
2021-08-09	Common Stock	S	1190	$553.74	Disposed	303702	Indirect
2021-08-09	Common Stock	S	882	$554.71	Disposed	302820	Indirect
2021-08-09	Common Stock	S	59	$555.81	Disposed	302761	Indirect
2021-08-09	Common Stock	S	19	$557.05	Disposed	302742	Indirect
2021-08-09	Common Stock	S	37	$548.56	Disposed	48963	Indirect
2021-08-09	Common Stock	S	219	$550.57	Disposed	48744	Indirect
2021-08-09	Common Stock	S	535	$551.78	Disposed	48209	Indirect
2021-08-09	Common Stock	S	1185	$552.60	Disposed	47024	Indirect
2021-08-09	Common Stock	S	567	$553.74	Disposed	46457	Indirect
2021-08-09	Common Stock	S	420	$554.71	Disposed	46037	Indirect
2021-08-09	Common Stock	S	28	$555.81	Disposed	46009	Indirect
2021-08-09	Common Stock	S	9	$557.05	Disposed	46000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Options (Obligation to Sell)	$500	2022-02-15	Common Stock (39000)	390	Indirect
Call Options (Obligation to Sell)	$500	2022-02-09	Common Stock (13000)	130	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $547.99 to $548.91, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F2: These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $550.10 to $550.94, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.17 to $552.12, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $552.18 to $553.17, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $553.33 to $554.29, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.36 to $555.33, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $555.42 to $556.08, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

F9: These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust and of the Issue Trusts.

F10: These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2021 Grantor Retained Annuity Trust.