Daniel A. Ulatowski - Jun 1, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Daniel A. Ulatowski
Stock symbol
CACC
Transactions as of
Jun 1, 2023
Transactions value $
-$1,257,511
Form type
4
Date filed
6/5/2023, 04:03 PM
Previous filing
Feb 1, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$752K -1.66K -16.68% $453.00 8.29K Jun 1, 2023 By trust. F1
transaction CACC Common Stock Sale -$506K -1.07K -12.93% $472.00 7.22K Jun 2, 2023 By trust. F1
holding CACC Common Stock 53 Jun 1, 2023 By 401(k) 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) 50K Jun 1, 2023 Common Stock 50K $333.94 Direct F3
* 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 Daniel A. Ulatowski and Barbara Ulatowski, spouse of Mr. Ulatowski, as trustees of the D.&.B. Ulatowski Living Trust.
F2 Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of June 1, 2023, according to the Plan trustee.
F3 The option, 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.