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

Role
10%+ Owner
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
CACC
Transactions as of
Jul 20, 2021
Transactions value $
-$5,239,376
Form type
4
Date filed
7/22/2021, 08:04 PM
Previous filing
Jul 20, 2021
Next filing
Jul 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$134K -287 -0.45% $466.32 63.2K Jul 20, 2021 See footnote F1, F2
transaction CACC Common Stock Sale -$71K -152 -0.24% $467.11 63K Jul 20, 2021 See footnote F2, F3
transaction CACC Common Stock Sale -$20.6K -44 -0.07% $467.66 63K Jul 20, 2021 See footnote F2, F4
transaction CACC Common Stock Sale -$53K -113 -0.18% $468.99 62.9K Jul 20, 2021 See footnote F2, F5
transaction CACC Common Stock Sale -$23.1K -49 -0.08% $471.07 62.8K Jul 20, 2021 See footnote F2
transaction CACC Common Stock Sale -$66.2K -140 -0.22% $472.73 62.7K Jul 20, 2021 See footnote F2, F6
transaction CACC Common Stock Sale -$46K -97 -0.15% $473.74 62.6K Jul 20, 2021 See footnote F2, F7
transaction CACC Common Stock Sale -$41.3K -87 -0.14% $474.69 62.5K Jul 20, 2021 See footnote F2, F8
transaction CACC Common Stock Sale -$62.4K -131 -0.21% $475.98 62.3K Jul 20, 2021 See footnote F2, F9
transaction CACC Common Stock Sale -$311K -660 -0.52% $470.64 127K Jul 21, 2021 See footnote F10, F11
transaction CACC Common Stock Sale -$1.15M -2.43K -1.92% $472.02 125K Jul 21, 2021 See footnote F11, F12
transaction CACC Common Stock Sale -$170K -359 -0.29% $473.65 124K Jul 21, 2021 See footnote F11, F13
transaction CACC Common Stock Sale -$165K -347 -0.28% $474.67 124K Jul 21, 2021 See footnote F11, F14
transaction CACC Common Stock Sale -$417K -886 -0.27% $470.64 326K Jul 21, 2021 See footnote F10, F15
transaction CACC Common Stock Sale -$1.54M -3.27K -1% $472.02 322K Jul 21, 2021 See footnote F12, F15
transaction CACC Common Stock Sale -$228K -481 -0.15% $473.65 322K Jul 21, 2021 See footnote F13, F15
transaction CACC Common Stock Sale -$221K -466 -0.14% $474.67 321K Jul 21, 2021 See footnote F14, F15
transaction CACC Common Stock Sale -$166K -354 -0.57% $470.05 62K Jul 21, 2021 See footnote F2, F16
transaction CACC Common Stock Sale -$55.1K -117 -0.19% $471.30 61.9K Jul 21, 2021 See footnote F2, F17
transaction CACC Common Stock Sale -$187K -394 -0.64% $473.71 61.5K Jul 21, 2021 See footnote F2, F18
transaction CACC Common Stock Sale -$112K -235 -0.38% $474.68 61.2K Jul 21, 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 Jul 20, 2021 Common Stock 39K $500.00 See footnote F15
holding CACC Call Options (Obligation to Sell) 130 Jul 20, 2021 Common Stock 13K $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.