Jill Foss Watson - 06 Aug 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
06 Aug 2021
Net transactions value
-$2,781,570
Form type
4
Filing time
10 Aug 2021, 21:23:09 UTC
Previous filing
05 Aug 2021
Next filing
11 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale $24,292 -44 -0.04% $552.10 118,883 06 Aug 2021 See footnote F1, F2
transaction CACC Common Stock Sale $24,949 -45 -0.04% $554.42 118,838 06 Aug 2021 See footnote F2, F3
transaction CACC Common Stock Sale $41,638 -75 -0.06% $555.17 118,763 06 Aug 2021 See footnote F2, F4
transaction CACC Common Stock Sale $548,581 -986 -0.83% $556.37 117,777 06 Aug 2021 See footnote F2, F5
transaction CACC Common Stock Sale $139,385 -250 -0.21% $557.54 117,527 06 Aug 2021 See footnote F2, F6
transaction CACC Common Stock Sale $36,439 -66 -0.02% $552.10 311,076 06 Aug 2021 See footnote F1, F7
transaction CACC Common Stock Sale $37,701 -68 -0.02% $554.42 311,008 06 Aug 2021 See footnote F3, F7
transaction CACC Common Stock Sale $62,179 -112 -0.04% $555.17 310,896 06 Aug 2021 See footnote F4, F7
transaction CACC Common Stock Sale $823,428 -1,480 -0.48% $556.37 309,416 06 Aug 2021 See footnote F5, F7
transaction CACC Common Stock Sale $208,520 -374 -0.12% $557.54 309,042 06 Aug 2021 See footnote F6, F7
transaction CACC Common Stock Sale $17,115 -31 -0.06% $552.10 49,969 06 Aug 2021 See footnote F1, F8
transaction CACC Common Stock Sale $18,296 -33 -0.07% $554.42 49,936 06 Aug 2021 See footnote F3, F8
transaction CACC Common Stock Sale $29,424 -53 -0.11% $555.17 49,883 06 Aug 2021 See footnote F4, F8
transaction CACC Common Stock Sale $392,241 -705 -1.4% $556.37 49,178 06 Aug 2021 See footnote F5, F8
transaction CACC Common Stock Sale $99,242 -178 -0.36% $557.54 49,000 06 Aug 2021 See footnote F6, F8
transaction CACC Common Stock Sale $26,479 -48 -0.08% $551.65 58,798 06 Aug 2021 See footnote F9
transaction CACC Common Stock Sale $149,094 -268 -0.46% $556.32 58,530 06 Aug 2021 See footnote F9, F10
transaction CACC Common Stock Sale $102,569 -184 -0.31% $557.44 58,346 06 Aug 2021 See footnote F9, 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 06 Aug 2021 Common Stock 39,000 $500.00 See footnote F7
holding CACC Call Options (Obligation to Sell) 130 06 Aug 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 $551.65 to $552.39, 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 $553.73 to $554.72, 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 $554.91 to $555.69, 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 $556.05 to $556.94, 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 $557.22 to $558.11, 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 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.
F8 These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2021 Grantor Retained Annuity Trust.
F9 These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $556.17 to $556.51, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.22 to $557.82, 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.