CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Jul 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-23

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-23	Common Stock	S	219	$470.31	Disposed	123708	Indirect
2021-07-23	Common Stock	S	1860	$471.67	Disposed	121848	Indirect
2021-07-23	Common Stock	S	915	$472.38	Disposed	120933	Indirect
2021-07-23	Common Stock	S	223	$473.42	Disposed	120710	Indirect
2021-07-23	Common Stock	S	402	$474.85	Disposed	120308	Indirect
2021-07-23	Common Stock	S	87	$475.73	Disposed	120221	Indirect
2021-07-23	Common Stock	S	71	$476.95	Disposed	120150	Indirect
2021-07-23	Common Stock	S	20	$478.74	Disposed	120130	Indirect
2021-07-23	Common Stock	S	3	$480.13	Disposed	120127	Indirect
2021-07-23	Common Stock	S	294	$470.31	Disposed	321048	Indirect
2021-07-23	Common Stock	S	2496	$471.67	Disposed	318552	Indirect
2021-07-23	Common Stock	S	1229	$472.38	Disposed	317323	Indirect
2021-07-23	Common Stock	S	299	$473.42	Disposed	317024	Indirect
2021-07-23	Common Stock	S	540	$474.85	Disposed	316484	Indirect
2021-07-23	Common Stock	S	117	$475.73	Disposed	316367	Indirect
2021-07-23	Common Stock	S	94	$476.95	Disposed	316273	Indirect
2021-07-23	Common Stock	S	27	$478.74	Disposed	316246	Indirect
2021-07-23	Common Stock	S	4	$480.13	Disposed	316242	Indirect
2021-07-23	Common Stock	S	148	$471.07	Disposed	61098	Indirect
2021-07-23	Common Stock	S	489	$471.68	Disposed	60609	Indirect
2021-07-23	Common Stock	S	348	$473.07	Disposed	60261	Indirect
2021-07-23	Common Stock	S	47	$474.98	Disposed	60214	Indirect
2021-07-23	Common Stock	S	40	$476.17	Disposed	60174	Indirect
2021-07-23	Common Stock	S	25	$477.62	Disposed	60149	Indirect
2021-07-23	Common Stock	S	2	$478.97	Disposed	60147	Indirect
2021-07-23	Common Stock	S	1	$479.91	Disposed	60146	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 $469.90 to $470.50, 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 $470.93 to $471.92, 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 $471.94 to $472.86, 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 $472.95 to $473.93, 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 $474.44 to $475.24, 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 $475.51 to $476.44, 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 $476.78 to $477.62, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.31 to $471.23, 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: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $471.51 to $472.48, 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.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $472.645 to $473.535, 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.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.955 to $474.98, 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.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $478.90 to $479.045, 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.