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

Role: Director, Member of Section 13(d) Group, 10%+ Owner
Signature: /s/ Scott J. Vassalluzzo
Issuer symbol: CACC
Transactions as of: 22 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 24 Aug 2023, 16:16:59 UTC
Previous filing: 18 Nov 2022
Next filing: 16 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Award	$0	+423	+0.66%	$0.000000	64,548	22 Aug 2023	Direct	F1
holding	CACC	Common Stock						2,758	22 Aug 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.

Content

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.

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.