CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Jul 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-20

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-20	Common Stock	S	287	$466.32	Disposed	63159	Indirect
2021-07-20	Common Stock	S	152	$467.11	Disposed	63007	Indirect
2021-07-20	Common Stock	S	44	$467.66	Disposed	62963	Indirect
2021-07-20	Common Stock	S	113	$468.99	Disposed	62850	Indirect
2021-07-20	Common Stock	S	49	$471.07	Disposed	62801	Indirect
2021-07-20	Common Stock	S	140	$472.73	Disposed	62661	Indirect
2021-07-20	Common Stock	S	97	$473.74	Disposed	62564	Indirect
2021-07-20	Common Stock	S	87	$474.69	Disposed	62477	Indirect
2021-07-20	Common Stock	S	131	$475.98	Disposed	62346	Indirect
2021-07-21	Common Stock	S	660	$470.64	Disposed	127067	Indirect
2021-07-21	Common Stock	S	2434	$472.02	Disposed	124633	Indirect
2021-07-21	Common Stock	S	359	$473.65	Disposed	124274	Indirect
2021-07-21	Common Stock	S	347	$474.67	Disposed	123927	Indirect
2021-07-21	Common Stock	S	886	$470.64	Disposed	325556	Indirect
2021-07-21	Common Stock	S	3267	$472.02	Disposed	322289	Indirect
2021-07-21	Common Stock	S	481	$473.65	Disposed	321808	Indirect
2021-07-21	Common Stock	S	466	$474.67	Disposed	321342	Indirect
2021-07-21	Common Stock	S	354	$470.05	Disposed	61992	Indirect
2021-07-21	Common Stock	S	117	$471.30	Disposed	61875	Indirect
2021-07-21	Common Stock	S	394	$473.71	Disposed	61481	Indirect
2021-07-21	Common Stock	S	235	$474.68	Disposed	61246	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 $465.58 to $466.51, 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.

F2: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $466.62 to $467.43, 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 $467.64 to $468.38, 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 $468.90 to $469.31, 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 $472.41 to $472.87, 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 $473.43 to $474.08, 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.52 to $474.84, 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: 1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $475.73 to $476.42, 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.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.35 to $471.29, 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.

F11: These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $471.70 to $472.20, 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 $473.05 to $473.88, 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 $474.37 to $474.71, 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: 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.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $469.62 to $470.58, 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.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.64 to $471.57, 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.

F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.44 to $474.00, 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.