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CREDIT ACCEPTANCE CORP — Director's Dealing 2022
Mar 14, 2022
31014_dirs_2022-03-14_804c9401-3111-4bfb-ab9a-b45a22203e10.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: 2022-03-03
Reporting Person: Rummler Wendy A (Senior VP, Human Resources)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3125 | Direct |
| Common Stock | 2392 | Indirect |
| Common Stock | 2150 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $333.94 | 2026-12-30 | Employee Stock Option (right to buy) (18750.0) | Direct | |
| Employee Stock Option (right to buy) | $390.39 | 2027-04-28 | Employee Stock Option (right to buy) (1250.0) | Direct |
Footnotes
F1: Includes 3,125 vested 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 be distributed to Ms. Rummler on January 30, 2023
F2: These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust.
F3: These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F4: 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.
F5: The option, representing a right to purchase 1,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted.