Jill Foss Watson - Jul 23, 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 23, 2021
Transactions value $
-$4,724,435
Form type
4
Date filed
7/27/2021, 07:54 PM
Previous filing
Jul 22, 2021
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$103K -219 -0.18% $470.31 124K Jul 23, 2021 See footnote F1, F2
transaction CACC Common Stock Sale -$877K -1.86K -1.5% $471.67 122K Jul 23, 2021 See footnote F2, F3
transaction CACC Common Stock Sale -$432K -915 -0.75% $472.38 121K Jul 23, 2021 See footnote F2, F4
transaction CACC Common Stock Sale -$106K -223 -0.18% $473.42 121K Jul 23, 2021 See footnote F2, F5
transaction CACC Common Stock Sale -$191K -402 -0.33% $474.85 120K Jul 23, 2021 See footnote F2, F6
transaction CACC Common Stock Sale -$41.4K -87 -0.07% $475.73 120K Jul 23, 2021 See footnote F2, F7
transaction CACC Common Stock Sale -$33.9K -71 -0.06% $476.95 120K Jul 23, 2021 See footnote F2, F8
transaction CACC Common Stock Sale -$9.57K -20 -0.02% $478.74 120K Jul 23, 2021 See footnote F2
transaction CACC Common Stock Sale -$1.44K -3 0% $480.13 120K Jul 23, 2021 See footnote F2
transaction CACC Common Stock Sale -$138K -294 -0.09% $470.31 321K Jul 23, 2021 See footnote F1, F9
transaction CACC Common Stock Sale -$1.18M -2.5K -0.78% $471.67 319K Jul 23, 2021 See footnote F3, F9
transaction CACC Common Stock Sale -$581K -1.23K -0.39% $472.38 317K Jul 23, 2021 See footnote F4, F9
transaction CACC Common Stock Sale -$142K -299 -0.09% $473.42 317K Jul 23, 2021 See footnote F5, F9
transaction CACC Common Stock Sale -$256K -540 -0.17% $474.85 316K Jul 23, 2021 See footnote F6, F9
transaction CACC Common Stock Sale -$55.7K -117 -0.04% $475.73 316K Jul 23, 2021 See footnote F7, F9
transaction CACC Common Stock Sale -$44.8K -94 -0.03% $476.95 316K Jul 23, 2021 See footnote F8, F9
transaction CACC Common Stock Sale -$12.9K -27 -0.01% $478.74 316K Jul 23, 2021 See footnote F9
transaction CACC Common Stock Sale -$1.92K -4 0% $480.13 316K Jul 23, 2021 See footnote F9
transaction CACC Common Stock Sale -$69.7K -148 -0.24% $471.07 61.1K Jul 23, 2021 See footnote F10, F11
transaction CACC Common Stock Sale -$231K -489 -0.8% $471.68 60.6K Jul 23, 2021 See footnote F11, F12
transaction CACC Common Stock Sale -$165K -348 -0.57% $473.07 60.3K Jul 23, 2021 See footnote F11, F13
transaction CACC Common Stock Sale -$22.3K -47 -0.08% $474.98 60.2K Jul 23, 2021 See footnote F11, F14
transaction CACC Common Stock Sale -$19K -40 -0.07% $476.17 60.2K Jul 23, 2021 See footnote F11
transaction CACC Common Stock Sale -$11.9K -25 -0.04% $477.62 60.1K Jul 23, 2021 See footnote F11
transaction CACC Common Stock Sale -$958 -2 0% $478.97 60.1K Jul 23, 2021 See footnote F11, F15
transaction CACC Common Stock Sale -$480 -1 0% $479.91 60.1K Jul 23, 2021 See footnote F11

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 23, 2021 Common Stock 39K $500.00 See footnote F9
holding CACC Call Options (Obligation to Sell) 130 Jul 23, 2021 Common Stock 13K $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 $469.90 to $470.50, 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 $470.93 to $471.92, 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 $471.94 to $472.86, 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 $472.95 to $473.93, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.44 to $475.24, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $475.51 to $476.44, 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 $476.78 to $477.62, 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 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.31 to $471.23, 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 Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $471.51 to $472.48, 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 $472.645 to $473.535, 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 $474.955 to $474.98, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $478.90 to $479.045, 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.