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CREDIT ACCEPTANCE CORP — Director's Dealing 2022
Nov 2, 2022
31014_dirs_2022-11-02_5d2c089d-58e5-403e-8665-1502e9e81011.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2022-10-24
Reporting Person: Valiyaveettil Ravi Mohan (Chief Technology Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $424.12 | 2028-10-24 | Common Stock (16000.0) | Direct |
Footnotes
F1: Consists of 10,000 unvested restricted stock units that were 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 vest and be distributed in four equal annual installments beginning on October 24, 2023, which is the first anniversary of the date on which the restricted stock units were granted.
F2: The option, representing a right to purchase 16,000 shares, vests in four equal annual installments beginning on October 24, 2023, which is the first anniversary of the date on which the option was granted.