CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Jul 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-16

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-16	Common Stock	S	629	$451.81	Disposed	134698	Indirect
2021-07-16	Common Stock	S	263	$452.62	Disposed	134435	Indirect
2021-07-16	Common Stock	S	658	$453.99	Disposed	133777	Indirect
2021-07-16	Common Stock	S	616	$454.94	Disposed	133161	Indirect
2021-07-16	Common Stock	S	542	$455.59	Disposed	132619	Indirect
2021-07-16	Common Stock	S	196	$458.31	Disposed	132423	Indirect
2021-07-16	Common Stock	S	149	$459.63	Disposed	132274	Indirect
2021-07-16	Common Stock	S	192	$460.85	Disposed	132082	Indirect
2021-07-16	Common Stock	S	248	$462.20	Disposed	131834	Indirect
2021-07-16	Common Stock	S	168	$463.30	Disposed	131666	Indirect
2021-07-16	Common Stock	S	139	$464.35	Disposed	131527	Indirect
2021-07-16	Common Stock	S	844	$451.81	Disposed	335798	Indirect
2021-07-16	Common Stock	S	354	$452.62	Disposed	335444	Indirect
2021-07-16	Common Stock	S	883	$453.99	Disposed	334561	Indirect
2021-07-16	Common Stock	S	828	$454.94	Disposed	333733	Indirect
2021-07-16	Common Stock	S	727	$455.59	Disposed	333006	Indirect
2021-07-16	Common Stock	S	262	$458.31	Disposed	332744	Indirect
2021-07-16	Common Stock	S	199	$459.63	Disposed	332545	Indirect
2021-07-16	Common Stock	S	257	$460.85	Disposed	332288	Indirect
2021-07-16	Common Stock	S	334	$462.20	Disposed	331954	Indirect
2021-07-16	Common Stock	S	226	$463.30	Disposed	331728	Indirect
2021-07-16	Common Stock	S	186	$464.35	Disposed	331542	Indirect
2021-07-16	Common Stock	S	219	$451.63	Disposed	64327	Indirect
2021-07-16	Common Stock	S	60	$452.60	Disposed	64267	Indirect
2021-07-16	Common Stock	S	285	$454.47	Disposed	63982	Indirect
2021-07-16	Common Stock	S	267	$455.53	Disposed	63715	Indirect
2021-07-16	Common Stock	S	4	$456.25	Disposed	63711	Indirect
2021-07-16	Common Stock	S	25	$459.21	Disposed	63686	Indirect
2021-07-16	Common Stock	S	109	$461.18	Disposed	63577	Indirect
2021-07-16	Common Stock	S	131	$464.08	Disposed	63446	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 $451.33 to $452.28, 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 $452.36 to $452.88, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $453.37 to $454.33, 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 $454.37 to $455.17, 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 $455.44 to $456.25, 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 $457.77 to $458.76, 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 $459.08 to $460.00, 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $460.56 to $461.13, 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 $461.85 to $462.76, 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 $462.87 to $463.48, 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.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $463.94 to $464.72, 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.

F13: 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.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $451.48 to $451.97, 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 Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $452.50 to $452.62, 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.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $454.02 to $454.66, 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 $455.06 to $455.92, 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.

F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $461.08 to $461.22, 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.

F20: 1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $463.94 to $464.47, 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.