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CREDIT ACCEPTANCE CORP — Director's Dealing 2023
Oct 26, 2023
31014_dirs_2023-10-26_96aa565c-f5f4-4245-95f7-06ef17309c0d.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: 2023-10-24
Reporting Person: Valiyaveettil Ravi Mohan (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-10-24 | Common Stock | F | 1166.27 | $409.27 | Disposed | 8833.73 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $424.12 | 2028-10-24 | Common Stock (16000) | 16000 | Direct |
Footnotes
F1: Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and conversion of restricted stock units to shares of common stock.
F2: Includes 7,500 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 was the first anniversary of the date on which the restricted stock units were granted.
F3: The option vests in four equal annual installments beginning on October 24, 2023, which was the first anniversary of the date on which the option was granted.