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
-$4,185,471
Form type
4
Filing time
22 Jul 2021, 20:06:42 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 $110,799 -238 -0.18% $465.54 131,289 20 Jul 2021 See footnote F1, F2
transaction CACC Common Stock Sale $384,879 -825 -0.63% $466.52 130,464 20 Jul 2021 See footnote F2, F3
transaction CACC Common Stock Sale $203,323 -435 -0.33% $467.41 130,029 20 Jul 2021 See footnote F2, F4
transaction CACC Common Stock Sale $148,625 -317 -0.24% $468.85 129,712 20 Jul 2021 See footnote F2, F5
transaction CACC Common Stock Sale $110,483 -235 -0.18% $470.14 129,477 20 Jul 2021 See footnote F2, F6
transaction CACC Common Stock Sale $156,455 -332 -0.26% $471.25 129,145 20 Jul 2021 See footnote F2, F7
transaction CACC Common Stock Sale $181,939 -385 -0.3% $472.57 128,760 20 Jul 2021 See footnote F2, F8
transaction CACC Common Stock Sale $118,435 -250 -0.19% $473.74 128,510 20 Jul 2021 See footnote F2, F9
transaction CACC Common Stock Sale $180,773 -381 -0.3% $474.47 128,129 20 Jul 2021 See footnote F2, F10
transaction CACC Common Stock Sale $182,757 -384 -0.3% $475.93 127,745 20 Jul 2021 See footnote F2, F11
transaction CACC Common Stock Sale $8,580 -18 -0.01% $476.66 127,727 20 Jul 2021 See footnote F2
transaction CACC Common Stock Sale $148,973 -320 -0.1% $465.54 331,222 20 Jul 2021 See footnote F1, F12
transaction CACC Common Stock Sale $515,971 -1,106 -0.33% $466.52 330,116 20 Jul 2021 See footnote F3, F12
transaction CACC Common Stock Sale $272,967 -584 -0.18% $467.41 329,532 20 Jul 2021 See footnote F4, F12
transaction CACC Common Stock Sale $199,261 -425 -0.13% $468.85 329,107 20 Jul 2021 See footnote F5, F12
transaction CACC Common Stock Sale $147,624 -314 -0.1% $470.14 328,793 20 Jul 2021 See footnote F6, F12
transaction CACC Common Stock Sale $210,178 -446 -0.14% $471.25 328,347 20 Jul 2021 See footnote F7, F12
transaction CACC Common Stock Sale $243,846 -516 -0.16% $472.57 327,831 20 Jul 2021 See footnote F8, F12
transaction CACC Common Stock Sale $159,177 -336 -0.1% $473.74 327,495 20 Jul 2021 See footnote F9, F12
transaction CACC Common Stock Sale $242,929 -512 -0.16% $474.47 326,983 20 Jul 2021 See footnote F10, F12
transaction CACC Common Stock Sale $245,580 -516 -0.16% $475.93 326,467 20 Jul 2021 See footnote F11, F12
transaction CACC Common Stock Sale $11,916 -25 -0.01% $476.66 326,442 20 Jul 2021 See footnote F12

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 F12
holding CACC Call Options (Obligation to Sell) 130 20 Jul 2021 Common Stock 13,000 $500.00 See footnote F2
* 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 $465.18 to $465.96, 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 Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $466.19 to $467.16, 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 $467.19 to $467.64, 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 $468.23 to $469.17, 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 $469.61 to $470.60, 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 $470.67 to $471.61, 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 $472.02 to $472.93, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.39 to $474.24, 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 $474.39 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $475.41 to $476.40, 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.
F12 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.