Kenneth Booth - Nov 3, 2021 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Chief Executive Officer, Director
Signature: /s/ Kenneth S. Booth
Stock symbol: CACC
Transactions as of: Nov 3, 2021
Transactions value $: -$3,738,000
Form type: 4
Date filed: 11/5/2021, 04:08 PM
Previous filing: Sep 3, 2021
Next filing: Feb 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Sale	-$2.34M	-3.5K	-17.06%	$668.00	17K	Nov 3, 2021	Direct	F1
transaction	CACC	Common Stock	Sale	-$1.4M	-2K	-11.76%	$700.00	15K	Nov 5, 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)						50K	Nov 3, 2021	Common Stock	50K	$333.94	Direct	F2
holding	CACC	Employee Stock Option (right to buy)						110K	Nov 3, 2021	Common Stock	110K	$390.39	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F2	The option, representing a right to purchase 50,000 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.
F3	The option, representing a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted.