Wendy A. Rummler - 06 Oct 2022 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief People Officer
Signature
/s/ Wendy A. Rummler
Issuer symbol
CACC
Transactions as of
06 Oct 2022
Net transactions value
$0
Form type
4
Filing time
11 Oct 2022, 16:08:17 UTC
Previous filing
14 Mar 2022
Next filing
01 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CACC Common Stock 3,125 06 Oct 2022 Direct F1
holding CACC Common Stock 2,150 06 Oct 2022 By trust. F2
holding CACC Common Stock 2,392 06 Oct 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
transaction CACC Employee Stock Option (right to buy) Award $0 +10,000 $0.000000 10,000 06 Oct 2022 Common Stock 10,000 $468.67 Direct F4
holding CACC Employee Stock Option (right to buy) 18,750 06 Oct 2022 Common Stock 18,750 $333.94 Direct F5
holding CACC Employee Stock Option (right to buy) 1,250 06 Oct 2022 Common Stock 1,250 $390.39 Direct F6
* 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.
F2 These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F3 These shares are owned of record by Wendy A. Rummler, as Trustee of the Wendy A. Rummler Revocable Trust.
F4 The option, representing a right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which is the first anniversary of the date on which the option was granted.
F5 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.
F6 The option, representing a right to purchase 1,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.