Andrew K. Rostami - Oct 31, 2022 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Chief Mktg and Product Officer
Signature: /s/ Andrew K. Rostami
Stock symbol: CACC
Transactions as of: Oct 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/2/2022, 04:06 PM
Previous filing: Apr 28, 2022
Next filing: Apr 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Award	$0	+4K	+100%	$0.00	8K	Oct 31, 2022	Direct	F1

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)						16K	Oct 31, 2022	Common Stock	16K	$585.93	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists of 8,000 unvested 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. 4,000 shares will vest and be distributed in four equal annual installments beginning on April 18, 2023, which is the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 shares will vest and be distributed in four equal annual installments beginning on October 31, 2023, which is the first anniversary of the date on which the restricted stock units were granted.
F2	The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which is the first anniversary of the date on which the option was granted.

Content

Consists of 8,000 unvested 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. 4,000 shares will vest and be distributed in four equal annual installments beginning on April 18, 2023, which is the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 shares will vest and be distributed in four equal annual installments beginning on October 31, 2023, which is the first anniversary of the date on which the restricted stock units were granted.

The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which is the first anniversary of the date on which the option was granted.