Douglas W. Busk - Sep 2, 2021 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief Treasury Officer
Signature
/s/ Douglas W. Busk
Stock symbol
CACC
Transactions as of
Sep 2, 2021
Transactions value $
-$317,570
Form type
4
Date filed
9/3/2021, 04:10 PM
Previous filing
Aug 4, 2021
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$318K -500 -6.01% $635.14 7.82K Sep 2, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CACC Employee Stock Option (right to buy) 46K Sep 2, 2021 Common Stock 46K $333.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F2 The option, representing a right to purchase 46,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.