Jay D. Martin - Dec 3, 2024 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Chief Financial Officer
Signature: /s/ Jay D. Martin
Stock symbol: CACC
Transactions as of: Dec 3, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/5/2024, 04:12 PM
Previous filing: Jan 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Award	$0	+22.6K	+405.08%	$0.00	28.2K	Dec 3, 2024	Direct	F1, 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)						19.5K	Dec 3, 2024	Common Stock	19.5K	$333.94	Direct	F3
holding	CACC	Employee Stock Option (right to buy)						2.25K	Dec 3, 2024	Common Stock	2.25K	$390.39	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units, which vest over a ten-year period, are intended to provide incentive compensation to the reporting person for 2025 through 2034, with no additional equity awards anticipated to be granted to the reporting person prior to the end of the ten-year period except in certain circumstances including significant changes in performance, responsibility, or market conditions.
F2	Includes 23,183 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.
F3	The option, initially representing the right to purchase 19,500 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 2,250 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.