Jay D. Martin - Jan 30, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: SVP - Finance & Accounting
Signature: /s/ Jay D. Martin
Stock symbol: CACC
Transactions as of: Jan 30, 2023
Transactions value $: -$415,094
Form type: 4
Date filed: 2/1/2023, 03:11 PM
Previous filing: Sep 3, 2021
Next filing: Jan 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Tax liability	-$415K	-925	-15.68%	$448.75	4.98K	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)						19.5K	Jan 30, 2023	Common Stock	19.5K	$333.94	Direct	F1
holding	CACC	Employee Stock Option (right to buy)						2.25K	Jan 30, 2023	Common Stock	2.25K	$390.39	Direct	F2

* 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 19,500 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
F2	The option, initially representing the right to purchase 2,250 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.