Jonathan Lum - Dec 17, 2024 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Jonathan L. Lum
Stock symbol
CACC
Transactions as of
Dec 17, 2024
Transactions value $
-$270,425
Form type
4
Date filed
12/19/2024, 04:04 PM
Previous filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$270K -552 -1.72% $489.90 31.5K Dec 17, 2024 Direct F1

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) 37.5K Dec 17, 2024 Common Stock 37.5K $333.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,884 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.
F2 The option, initially representing the right to purchase 40,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.