Wendy A. Rummler - Dec 29, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief People Officer
Signature
/s/ Wendy A. Rummler
Stock symbol
CACC
Transactions as of
Dec 29, 2023
Transactions value $
-$61,784
Form type
4
Date filed
1/2/2024, 04:02 PM
Previous filing
Feb 6, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$61.8K -116 -5.4% $532.62 2.03K Dec 29, 2023 By trust. F1
holding CACC Common Stock 2.39K Dec 29, 2023 By trust. F2
holding CACC Common Stock 1.83K Dec 29, 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) 17.8K Dec 29, 2023 Common Stock 17.8K $333.94 Direct F3
holding CACC Employee Stock Option (right to buy) 10K Dec 29, 2023 Common Stock 10K $468.67 Direct F4
holding CACC Employee Stock Option (right to buy) 1.25K Dec 29, 2023 Common Stock 1.25K $390.39 Direct F5
* 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 Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
F2 These shares are owned of record by Wendy A. Rummler, as Trustee of the Wendy A. Rummler Revocable Trust.
F3 The option, initially representing the right to purchase 18,750 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.
F4 The option, initially representing the right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which was the first anniversary of the date on which the option was granted.
F5 The option, initially representing the right to purchase 1,250 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.