Douglas W. Busk - Nov 3, 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: Nov 3, 2021
Transactions value $: -$916,485
Form type: 4
Date filed: 11/5/2021, 04:11 PM
Previous filing: Sep 3, 2021
Next filing: May 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Sale	-$828K	-1.25K	-16.03%	$661.14	6.57K	Nov 3, 2021	Direct	F1, F2
transaction	CACC	Common Stock	Sale	-$66.2K	-100	-1.52%	$661.64	6.47K	Nov 3, 2021	Direct	F2
transaction	CACC	Common Stock	Sale	-$21.9K	-33	-0.51%	$664.03	6.43K	Nov 3, 2021	Direct	F2

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	Nov 3, 2021	Common Stock	46K	$333.94	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.05 to $660.15, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
F2	Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F3	The option, representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.