CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Jul 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-07-09

Reporting Person: Watson Jill Foss (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-09	Common Stock	S	347	$443.36	Disposed	196580	Indirect
2021-07-09	Common Stock	S	174	$443.36	Disposed	352968	Indirect
2021-07-09	Common Stock	S	173	$443.36	Disposed	32193	Indirect
2021-07-09	Common Stock	S	173	$443.36	Disposed	32193	Indirect
2021-07-09	Common Stock	S	266	$444.48	Disposed	196314	Indirect
2021-07-09	Common Stock	S	134	$444.48	Disposed	352834	Indirect
2021-07-09	Common Stock	S	133	$444.48	Disposed	32060	Indirect
2021-07-09	Common Stock	S	133	$444.48	Disposed	32060	Indirect
2021-07-09	Common Stock	S	2010	$445.75	Disposed	194304	Indirect
2021-07-09	Common Stock	S	1006	$445.75	Disposed	351828	Indirect
2021-07-09	Common Stock	S	1005	$445.75	Disposed	31055	Indirect
2021-07-09	Common Stock	S	1005	$445.75	Disposed	31055	Indirect
2021-07-09	Common Stock	S	921	$446.60	Disposed	193383	Indirect
2021-07-09	Common Stock	S	461	$446.60	Disposed	351367	Indirect
2021-07-09	Common Stock	S	460	$446.60	Disposed	30595	Indirect
2021-07-09	Common Stock	S	460	$446.60	Disposed	30595	Indirect
2021-07-09	Common Stock	S	55	$447.94	Disposed	193328	Indirect
2021-07-09	Common Stock	S	28	$447.94	Disposed	351339	Indirect
2021-07-09	Common Stock	S	28	$447.94	Disposed	30567	Indirect
2021-07-09	Common Stock	S	28	$447.94	Disposed	30567	Indirect
2021-07-09	Common Stock	S	867	$443.36	Disposed	67979	Indirect
2021-07-09	Common Stock	S	666	$444.48	Disposed	67313	Indirect
2021-07-09	Common Stock	S	5026	$445.75	Disposed	62287	Indirect
2021-07-09	Common Stock	S	2302	$446.60	Disposed	59985	Indirect
2021-07-09	Common Stock	S	139	$447.94	Disposed	59846	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 $443.05 to $443.67, 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: 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.

F4: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson

F5: These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.06 to $445.00, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.28 to $446.26, 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 $446.31 to $447.23, 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, 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 $443.05 to $443.67, 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 $444.06 to $445.00, 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.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.28 to $446.26, 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 $446.31 to $447.23, 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.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, 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.