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CREDIT ACCEPTANCE CORP — Director's Dealing 2022
Oct 11, 2022
31014_dirs_2022-10-11_8ae8715f-f951-4cba-bc17-e5c9e2595550.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: 2022-10-06
Reporting Person: Rummler Wendy A (Chief People Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-06 | Employee Stock Option (right to buy) | $468.67 | A | 10000 | Acquired | 2028-10-06 | Common Stock (10000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3125 | Direct |
| Common Stock | 2150 | Indirect |
| Common Stock | 2392 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $333.94 | 2026-12-30 | Common Stock (18750.0) | 18750 | Direct |
| Employee Stock Option (right to buy) | $390.39 | 2027-04-28 | Common Stock (1250.0) | 1250 | Direct |
Footnotes
F1: Includes 3,125 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F2: These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F3: These shares are owned of record by Wendy A. Rummler, as Trustee of the Wendy A. Rummler Revocable Trust.
F4: The option, representing a right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which is the first anniversary of the date on which the option was granted.
F5: The option, representing a right to purchase 18,750 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
F6: The option, representing a right to purchase 1,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.