AI assistant
CREDIT ACCEPTANCE CORP — Director's Dealing 2024
Dec 5, 2024
31014_dirs_2024-12-05_e0a30fcf-577d-4bb9-b21b-91ba69037470.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2024-12-03
Reporting Person: KERBER ERIN J (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-03 | Common Stock | A | 23508 | — | Acquired | 26253 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 226 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $454.11 | 2027-06-28 | Common Stock (15500) | 15500 | Direct |
| Employee Stock Option (right to buy) | $333.94 | 2026-12-30 | Common Stock (14625) | 14625 | Direct |
Footnotes
F1: These restricted stock units, which vest over a ten-year period, are intended to provide incentive compensation to the reporting person for 2025 through 2034, with no additional equity awards anticipated to be granted to the reporting person prior to the end of the ten-year period except in certain circumstances including significant changes in performance, responsibility, or market conditions.
F2: Includes 23,508 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.
F3: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of November 29, 2024, according to the Plan trustee.
F4: The option, initially representing the right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which was the first anniversary of the date on which the option was granted.
F5: The option, initially representing the right to purchase 19,500 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.