CREDIT ACCEPTANCE CORP — Director's Dealing 2023

Apr 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2023-04-18

Reporting Person: Rostami Andrew K (Chief Mktg and Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-18	Common Stock	F	424	$484.04	Disposed	7576	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$585.93	2028-04-18	Common Stock (16000.0)	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 7,000 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. The original 4,000 restricted stock units granted to Mr. Rostami vest and are being distributed in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 restricted stock units will vest and be distributed in four equal annual installments beginning on October 31, 2023, which is the first anniversary of the date on which the restricted stock units were granted.

F3: The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted.