Scott J. Vassalluzzo - Aug 22, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Scott J. Vassalluzzo
Stock symbol
CACC
Transactions as of
Aug 22, 2023
Transactions value $
$0
Form type
4
Date filed
8/24/2023, 04:16 PM
Previous filing
Nov 18, 2022
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Award $0 +423 +0.66% $0.00 64.5K Aug 22, 2023 Direct F1
holding CACC Common Stock 2.76K Aug 22, 2023 By Scott J. Vassalluzzo Family Accounts F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 423 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. These restricted stock units will vest and be distributed in three equal annual installments beginning on August 22, 2024, which is the first anniversary of the date on which the restricted stock units were granted.
F2 These shares are owned directly by investment accounts established for the benefit of certain family members of Mr. Vassalluzzo. The inclusionof these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Vassalluzzo disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.