Wendy A. Rummler - Jan 30, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief People Officer
Signature
/s/ Wendy A. Rummler
Stock symbol
CACC
Transactions as of
Jan 30, 2023
Transactions value $
-$579,336
Form type
4
Date filed
2/1/2023, 03:09 PM
Previous filing
Oct 11, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$579K -1.29K -41.31% $448.75 1.83K Jan 30, 2023 Direct
holding CACC Common Stock 2.15K Jan 30, 2023 By trust. F1
holding CACC Common Stock 2.39K Jan 30, 2023 By trust. 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) 18.8K Jan 30, 2023 Common Stock 18.8K $333.94 Direct F3
holding CACC Employee Stock Option (right to buy) 1.25K Jan 30, 2023 Common Stock 1.25K $390.39 Direct F4
holding CACC Employee Stock Option (right to buy) 10K Jan 30, 2023 Common Stock 10K $468.67 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F2 These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust.
F3 The option, initially representing the 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.
F4 The option, initially representing the 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.
F5 The option, initially representing the 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.