CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Jul 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-21

Reporting Person: KERBER ERIN J (Chief Legal Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-21	Employee Stock Option (right to buy)	$333.94	A	19500	Acquired	2026-12-30	Common Stock (19500.0)	Direct
2021-07-21	Employee Stock Option (right to buy)	$454.11	A	15500	Acquired	2027-06-28	Common Stock (15500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3556	Direct
Common Stock	203	Indirect

Footnotes

F1: Includes 2,766 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.

F2: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of July 19, 2021, according to the Plan trustee.

F3: The option was granted on December 30, 2020 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.

F4: The option, representing a right to purchase 19,500 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.

F5: The option was granted on June 28, 2021 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.

F6: The option, representing a right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which is the first anniversary of the date on which the option was granted.