CREDIT ACCEPTANCE CORP — Director's Dealing 2022

Feb 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2022-02-09

Reporting Person: Booth Kenneth (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-09	Common Stock	J	4000	—	Disposed	11012	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
Employee Stock Option (right to buy)	$390.39	2031-04-28	Common Stock (110000.0)	110000	Direct

Footnotes

F1: On February 9, 2022, the reporting person entered into a divorce settlement agreement with his spouse pursuant to which he agreed to transfer to his spouse the shares of common stock reported herein. The reporting person will no longer report beneficial ownership of these securities.

F2: Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.

F3: The option, representing a right to purchase 50,000 shares, became 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.

F4: The option, representing a right to purchase 110,000 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.