CREDIT ACCEPTANCE CORP — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2021-01-29

Reporting Person: Booth Kenneth (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-29	Common Stock	A	1825	—	Acquired	26086	Direct
2021-01-29	Common Stock	F	74	$385.77	Disposed	26012	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$333.94	2026-12-30	Common Stock (50000.0)	50000	Direct

Footnotes

F1: Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Booth on January 30, 2023.

F2: Includes 7,086 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.

F3: Shares withheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.

F4: Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.

F5: The option, representing a right to purchase 50,000 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.