Thomas W. Smith - Dec 31, 2022 Form 5 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Member of Section 13(d) Group, 10%+ Owner
Signature: /s/ Thomas W. Smith
Stock symbol: CACC
Transactions as of: Dec 31, 2022
Transactions value $: $0
Form type: 5
Date filed: 2/14/2023, 03:01 PM
Previous filing: Dec 22, 2022
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Gift	$0	-20K	-3.4%	$0.00	567K	Dec 23, 2022	By Ridgeview Smith Investments LLC	F1, F2
transaction	CACC	Common Stock	Gift	$0	+20K	+35.37%	$0.00	76.6K	Dec 23, 2022	By Thomas W. Smith Family Accounts	F1, F3
holding	CACC	Common Stock						45.1K	Dec 31, 2022	By Prescott Investors Profit Sharing Trust	F4
holding	CACC	Common Stock						20.4K	Dec 31, 2022	By Thomas W. Smith Foundation	F5

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

Explanation of Responses:

Id	Content
F1	This transaction involved a gift of securities by Ridgeview Smith Investments LLC ("Ridgeview"), a limited liability company established by Mr. Smith for the benefit of his family, to an investment account established for the benefit of Mr. Smith's wife. Mr. Smith disclaims beneficial ownership of the shares held for the benefit of his wife except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that Mr. Smith is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purpose.
F2	These shares are owned directly by Ridgeview and are beneficially owned indirectly by Mr. Smith as trustee of a revocable trust he established for the benefit of his family and which is the sole member of Ridgeview. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-1(a)(2)(iii). The address of Ridgeview is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
F3	These shares are owned directly by investment accounts established for the benefit of certain family members of Thomas W. Smith. The inclusion of 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. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4	These shares are owned directly by the Prescott Investors Profit Sharing Trust (the "Trust"), for which Mr. Smith serves as a trustee. The inclusion of 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. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-8(b)(2)(ii). The address of the Trust is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
F5	These shares are owned directly by the Thomas W. Smith Foundation (the "Foundation") and are beneficially owned indirectly by Thomas W. Smith as trustee of the Foundation. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under 16a-8(b)(2)(ii). The address for the Foundation is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

Remarks:

The filing of this report shall not be deemed to be an admission that the Reporting Persons comprise a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The Reporting Persons each disclaim beneficial ownership of the shares included in this report except to the extent of their pecuniary interest in such shares.