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CREDIT ACCEPTANCE CORP — Director's Dealing 2024
Oct 28, 2024
31014_dirs_2024-10-28_3a25097d-6dda-4d7a-9f08-d528821382cf.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: 2024-10-24
Reporting Person: Valiyaveettil Ravi Mohan (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-24 | Common Stock | F | 1204.61 | $480.45 | Disposed | 7629.12 | 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 5,000 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. Shares vest and are being 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 is exercisable in four equal annual installments beginning on October 24, 2023, which was the first anniversary of the date on which the option was granted.