Arthur L. Smith - Jan 30, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Arthur L. Smith
Stock symbol
CACC
Transactions as of
Jan 30, 2023
Transactions value $
-$1,351,635
Form type
4
Date filed
2/1/2023, 03:08 PM
Previous filing
Nov 12, 2021
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$1.35M -3.01K -32.39% $448.75 6.29K Jan 30, 2023 Direct

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 Jan 30, 2023 Common Stock 50K $333.94 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option, initially representing the right to purchase 50,000 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.