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CREDIT ACCEPTANCE CORP — Director's Dealing 2024
Jan 25, 2024
31014_dirs_2024-01-25_fab061ae-ee0c-43c2-bbc2-07c47132200e.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: 2024-01-23
Reporting Person: Elliott Nicholas J (Chief Alignment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-23 | Common Stock | A | 700 | — | Acquired | 1526 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 292 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $333.94 | 2026-12-30 | Common Stock (13950) | 13950 | Direct |
Footnotes
F1: Includes 700 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. 700 shares will vest and be distributed on January 23, 2025, which is the first anniversary of the date on which the restricted stock units were granted.
F2: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 24, 2024, according to the Plan trustee.
F3: The option, initially representing the right to purchase 15,750 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.