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: 2021-08-06

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-06	Common Stock	S	44	$552.10	Disposed	118883	Indirect
2021-08-06	Common Stock	S	45	$554.42	Disposed	118838	Indirect
2021-08-06	Common Stock	S	75	$555.17	Disposed	118763	Indirect
2021-08-06	Common Stock	S	986	$556.37	Disposed	117777	Indirect
2021-08-06	Common Stock	S	250	$557.54	Disposed	117527	Indirect
2021-08-06	Common Stock	S	66	$552.10	Disposed	311076	Indirect
2021-08-06	Common Stock	S	68	$554.42	Disposed	311008	Indirect
2021-08-06	Common Stock	S	112	$555.17	Disposed	310896	Indirect
2021-08-06	Common Stock	S	1480	$556.37	Disposed	309416	Indirect
2021-08-06	Common Stock	S	374	$557.54	Disposed	309042	Indirect
2021-08-06	Common Stock	S	31	$552.10	Disposed	49969	Indirect
2021-08-06	Common Stock	S	33	$554.42	Disposed	49936	Indirect
2021-08-06	Common Stock	S	53	$555.17	Disposed	49883	Indirect
2021-08-06	Common Stock	S	705	$556.37	Disposed	49178	Indirect
2021-08-06	Common Stock	S	178	$557.54	Disposed	49000	Indirect
2021-08-06	Common Stock	S	48	$551.65	Disposed	58798	Indirect
2021-08-06	Common Stock	S	268	$556.32	Disposed	58530	Indirect
2021-08-06	Common Stock	S	184	$557.44	Disposed	58346	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 $551.65 to $552.39, 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 $553.73 to $554.72, 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 $554.91 to $555.69, 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 $556.05 to $556.94, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.22 to $558.11, 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: 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.

F8: These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2021 Grantor Retained Annuity Trust.

F9: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $556.17 to $556.51, 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.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.22 to $557.82, 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.