Jonathan Lum - Jan 30, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief Operating Officer
Signature
/s/ Jonathan L. Lum
Stock symbol
CACC
Transactions as of
Jan 30, 2023
Transactions value $
-$627,801
Form type
4
Date filed
2/1/2023, 03:13 PM
Previous filing
Nov 5, 2021
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$628K -1.4K -14.63% $448.75 8.16K 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) 40K Jan 30, 2023 Common Stock 40K $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 40,000 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.