Jill Foss Watson - 20 Jul 2021 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
10%+ Owner
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
CACC
Transactions as of
20 Jul 2021
Net transactions value
-$5,239,376
Form type
4
Filing time
22 Jul 2021, 20:04:09 UTC
Previous filing
20 Jul 2021
Next filing
27 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale $133,834 -287 -0.45% $466.32 63,159 20 Jul 2021 See footnote F1, F2
transaction CACC Common Stock Sale $71,001 -152 -0.24% $467.11 63,007 20 Jul 2021 See footnote F2, F3
transaction CACC Common Stock Sale $20,577 -44 -0.07% $467.66 62,963 20 Jul 2021 See footnote F2, F4
transaction CACC Common Stock Sale $52,996 -113 -0.18% $468.99 62,850 20 Jul 2021 See footnote F2, F5
transaction CACC Common Stock Sale $23,082 -49 -0.08% $471.07 62,801 20 Jul 2021 See footnote F2
transaction CACC Common Stock Sale $66,182 -140 -0.22% $472.73 62,661 20 Jul 2021 See footnote F2, F6
transaction CACC Common Stock Sale $45,953 -97 -0.15% $473.74 62,564 20 Jul 2021 See footnote F2, F7
transaction CACC Common Stock Sale $41,298 -87 -0.14% $474.69 62,477 20 Jul 2021 See footnote F2, F8
transaction CACC Common Stock Sale $62,353 -131 -0.21% $475.98 62,346 20 Jul 2021 See footnote F2, F9
transaction CACC Common Stock Sale $310,622 -660 -0.52% $470.64 127,067 21 Jul 2021 See footnote F10, F11
transaction CACC Common Stock Sale $1,148,897 -2,434 -1.9% $472.02 124,633 21 Jul 2021 See footnote F11, F12
transaction CACC Common Stock Sale $170,040 -359 -0.29% $473.65 124,274 21 Jul 2021 See footnote F11, F13
transaction CACC Common Stock Sale $164,710 -347 -0.28% $474.67 123,927 21 Jul 2021 See footnote F11, F14
transaction CACC Common Stock Sale $416,987 -886 -0.27% $470.64 325,556 21 Jul 2021 See footnote F10, F15
transaction CACC Common Stock Sale $1,542,089 -3,267 -1% $472.02 322,289 21 Jul 2021 See footnote F12, F15
transaction CACC Common Stock Sale $227,826 -481 -0.15% $473.65 321,808 21 Jul 2021 See footnote F13, F15
transaction CACC Common Stock Sale $221,196 -466 -0.14% $474.67 321,342 21 Jul 2021 See footnote F14, F15
transaction CACC Common Stock Sale $166,398 -354 -0.57% $470.05 61,992 21 Jul 2021 See footnote F2, F16
transaction CACC Common Stock Sale $55,142 -117 -0.19% $471.30 61,875 21 Jul 2021 See footnote F2, F17
transaction CACC Common Stock Sale $186,642 -394 -0.64% $473.71 61,481 21 Jul 2021 See footnote F2, F18
transaction CACC Common Stock Sale $111,550 -235 -0.38% $474.68 61,246 21 Jul 2021 See footnote 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 Call Options (Obligation to Sell) 390 20 Jul 2021 Common Stock 39,000 $500.00 See footnote F15
holding CACC Call Options (Obligation to Sell) 130 20 Jul 2021 Common Stock 13,000 $500.00 See footnote F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $465.58 to $466.51, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F2 These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $466.62 to $467.43, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $467.64 to $468.38, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $468.90 to $469.31, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $472.41 to $472.87, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.43 to $474.08, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.52 to $474.84, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F9 1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $475.73 to $476.42, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.35 to $471.29, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F11 These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $471.70 to $472.20, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.05 to $473.88, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.37 to $474.71, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F15 These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust and of the Issue Trusts.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $469.62 to $470.58, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.64 to $471.57, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.44 to $474.00, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.