Wendy A. Rummler - Mar 3, 2022 Form 3 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Senior VP, Human Resources
Signature
/s/ Wendy A. Rummler
Stock symbol
CACC
Transactions as of
Mar 3, 2022
Transactions value $
$0
Form type
3
Date filed
3/14/2022, 04:11 PM
Next filing
Oct 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CACC Common Stock 3.13K Mar 3, 2022 Direct F1
holding CACC Common Stock 2.39K Mar 3, 2022 By trust. F2
holding CACC Common Stock 2.15K Mar 3, 2022 By trust. F3

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) Mar 3, 2022 Employee Stock Option (right to buy) 18.8K $333.94 Direct F4
holding CACC Employee Stock Option (right to buy) Mar 3, 2022 Employee Stock Option (right to buy) 1.25K $390.39 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,125 vested restricted stock units that were 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. Rummler on January 30, 2023
F2 These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust.
F3 These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F4 The option, representing a right to purchase 18,750 shares, is 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.
F5 The option, representing a right to purchase 1,250 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.