Glenda J. Flanagan - 28 Jan 2022 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Director
Signature
/s/ Glenda J. Flanagan
Issuer symbol
CACC
Transactions as of
28 Jan 2022
Net transactions value
$0
Form type
4
Filing time
28 Jan 2022, 15:19:21 UTC
Previous filing
11 Jun 2021
Next filing
10 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Award $0 +300 +6.5% $0.000000 4,900 28 Jan 2022 Direct F1, F2
holding CACC Common Stock 5,108 28 Jan 2022 By grantor retained annuity trust F3
holding CACC Common Stock 8,000 28 Jan 2022 By limited partnership F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance-based restricted stock units 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. Shares will be distributed to Ms. Flanagan on January 30, 2026.
F2 Includes 900 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F3 Shares are owned by The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.
F4 Shares are owned by GCM GP, LP. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.