| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CACC | Common Stock | Sale | -$702K | -1K | -7.16% | $701.91 | 13K | Nov 5, 2021 | Direct | F1, F2 |
| holding | CACC | Common Stock | 53 | Nov 5, 2021 | By 401(k) Trust | F3 |
| 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 5, 2021 | Common Stock | 50K | $333.94 | Direct | F4 |
| 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 $701.91 to $701.95, 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 7,300 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| F3 | Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of November 4, 2021, according to the Plan trustee. |
| F4 | 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. |