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CREDIT ACCEPTANCE CORP — Director's Dealing 2021
Jul 22, 2021
31014_dirs_2021-07-22_334959e9-574c-4c75-85a6-0a1065dccf53.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-21
Reporting Person: Hegde Vinayak (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-21 | Employee Stock Option (right to buy) | $394.79 | A | 10000 | Acquired | 2031-05-03 | Common Stock (10000.0) | Direct |
Footnotes
F1: The option was granted on May 3, 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.
F2: The option, representing a right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on May 3, 2022, which is the first anniversary of the date on which the option was granted.
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