Jill Foss Watson - 09 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
09 Aug 2021
Net transactions value
-$7,462,931
Form type
4
Filing time
11 Aug 2021, 14:09:25 UTC
Previous filing
10 Aug 2021
Next filing
12 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale $29,074 -53 -0.05% $548.56 117,474 09 Aug 2021 See footnote F1, F2
transaction CACC Common Stock Sale $168,474 -306 -0.26% $550.57 117,168 09 Aug 2021 See footnote F2, F3
transaction CACC Common Stock Sale $412,731 -748 -0.64% $551.78 116,420 09 Aug 2021 See footnote F2, F4
transaction CACC Common Stock Sale $916,763 -1,659 -1.4% $552.60 114,761 09 Aug 2021 See footnote F2, F5
transaction CACC Common Stock Sale $439,116 -793 -0.69% $553.74 113,968 09 Aug 2021 See footnote F2, F6
transaction CACC Common Stock Sale $326,169 -588 -0.52% $554.71 113,380 09 Aug 2021 See footnote F2, F7
transaction CACC Common Stock Sale $22,232 -40 -0.04% $555.81 113,340 09 Aug 2021 See footnote F2, F8
transaction CACC Common Stock Sale $7,242 -13 -0.01% $557.05 113,327 09 Aug 2021 See footnote F2
transaction CACC Common Stock Sale $43,336 -79 -0.03% $548.56 308,963 09 Aug 2021 See footnote F1, F9
transaction CACC Common Stock Sale $253,262 -460 -0.15% $550.57 308,503 09 Aug 2021 See footnote F3, F9
transaction CACC Common Stock Sale $619,097 -1,122 -0.36% $551.78 307,381 09 Aug 2021 See footnote F4, F9
transaction CACC Common Stock Sale $1,375,421 -2,489 -0.81% $552.60 304,892 09 Aug 2021 See footnote F5, F9
transaction CACC Common Stock Sale $658,951 -1,190 -0.39% $553.74 303,702 09 Aug 2021 See footnote F6, F9
transaction CACC Common Stock Sale $489,254 -882 -0.29% $554.71 302,820 09 Aug 2021 See footnote F7, F9
transaction CACC Common Stock Sale $32,793 -59 -0.02% $555.81 302,761 09 Aug 2021 See footnote F8, F9
transaction CACC Common Stock Sale $10,584 -19 -0.01% $557.05 302,742 09 Aug 2021 See footnote F9
transaction CACC Common Stock Sale $20,297 -37 -0.08% $548.56 48,963 09 Aug 2021 See footnote F1, F10
transaction CACC Common Stock Sale $120,575 -219 -0.45% $550.57 48,744 09 Aug 2021 See footnote F3, F10
transaction CACC Common Stock Sale $295,202 -535 -1.1% $551.78 48,209 09 Aug 2021 See footnote F4, F10
transaction CACC Common Stock Sale $654,831 -1,185 -2.5% $552.60 47,024 09 Aug 2021 See footnote F5, F10
transaction CACC Common Stock Sale $313,971 -567 -1.2% $553.74 46,457 09 Aug 2021 See footnote F6, F10
transaction CACC Common Stock Sale $232,978 -420 -0.9% $554.71 46,037 09 Aug 2021 See footnote F7, F10
transaction CACC Common Stock Sale $15,563 -28 -0.06% $555.81 46,009 09 Aug 2021 See footnote F8, F10
transaction CACC Common Stock Sale $5,013 -9 -0.02% $557.05 46,000 09 Aug 2021 See footnote F10

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 09 Aug 2021 Common Stock 39,000 $500.00 See footnote F9
holding CACC Call Options (Obligation to Sell) 130 09 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 $547.99 to $548.91, 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 $550.10 to $550.94, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.17 to $552.12, 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 $552.18 to $553.17, 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 $553.33 to $554.29, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.36 to $555.33, 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 $555.42 to $556.08, 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.
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 These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2021 Grantor Retained Annuity Trust.