Kenneth Booth - Feb 9, 2022 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: Feb 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/11/2022, 03:14 PM
Previous filing: Nov 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Other	$0	-4K	-26.65%	$0.00	11K	Feb 9, 2022	Direct	F1, 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)						50K	Feb 9, 2022	Common Stock	50K	$333.94	Direct	F3
holding	CACC	Employee Stock Option (right to buy)						110K	Feb 9, 2022	Common Stock	110K	$390.39	Direct	F4

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

Explanation of Responses:

Id	Content
F1	On February 9, 2022, the reporting person entered into a divorce settlement agreement with his spouse pursuant to which he agreed to transfer to his spouse the shares of common stock reported herein. The reporting person will no longer report beneficial ownership of these securities.
F2	Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
F3	The option, representing a right to purchase 50,000 shares, became exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
F4	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.