Jill Foss Watson - Aug 9, 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
Aug 9, 2021
Transactions value $
-$7,462,931
Form type
4
Date filed
8/11/2021, 02:09 PM
Previous filing
Aug 10, 2021
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$29.1K -53 -0.05% $548.56 117K Aug 9, 2021 See footnote F1, F2
transaction CACC Common Stock Sale -$168K -306 -0.26% $550.57 117K Aug 9, 2021 See footnote F2, F3
transaction CACC Common Stock Sale -$413K -748 -0.64% $551.78 116K Aug 9, 2021 See footnote F2, F4
transaction CACC Common Stock Sale -$917K -1.66K -1.43% $552.60 115K Aug 9, 2021 See footnote F2, F5
transaction CACC Common Stock Sale -$439K -793 -0.69% $553.74 114K Aug 9, 2021 See footnote F2, F6
transaction CACC Common Stock Sale -$326K -588 -0.52% $554.71 113K Aug 9, 2021 See footnote F2, F7
transaction CACC Common Stock Sale -$22.2K -40 -0.04% $555.81 113K Aug 9, 2021 See footnote F2, F8
transaction CACC Common Stock Sale -$7.24K -13 -0.01% $557.05 113K Aug 9, 2021 See footnote F2
transaction CACC Common Stock Sale -$43.3K -79 -0.03% $548.56 309K Aug 9, 2021 See footnote F1, F9
transaction CACC Common Stock Sale -$253K -460 -0.15% $550.57 309K Aug 9, 2021 See footnote F3, F9
transaction CACC Common Stock Sale -$619K -1.12K -0.36% $551.78 307K Aug 9, 2021 See footnote F4, F9
transaction CACC Common Stock Sale -$1.38M -2.49K -0.81% $552.60 305K Aug 9, 2021 See footnote F5, F9
transaction CACC Common Stock Sale -$659K -1.19K -0.39% $553.74 304K Aug 9, 2021 See footnote F6, F9
transaction CACC Common Stock Sale -$489K -882 -0.29% $554.71 303K Aug 9, 2021 See footnote F7, F9
transaction CACC Common Stock Sale -$32.8K -59 -0.02% $555.81 303K Aug 9, 2021 See footnote F8, F9
transaction CACC Common Stock Sale -$10.6K -19 -0.01% $557.05 303K Aug 9, 2021 See footnote F9
transaction CACC Common Stock Sale -$20.3K -37 -0.08% $548.56 49K Aug 9, 2021 See footnote F1, F10
transaction CACC Common Stock Sale -$121K -219 -0.45% $550.57 48.7K Aug 9, 2021 See footnote F3, F10
transaction CACC Common Stock Sale -$295K -535 -1.1% $551.78 48.2K Aug 9, 2021 See footnote F4, F10
transaction CACC Common Stock Sale -$655K -1.19K -2.46% $552.60 47K Aug 9, 2021 See footnote F5, F10
transaction CACC Common Stock Sale -$314K -567 -1.21% $553.74 46.5K Aug 9, 2021 See footnote F6, F10
transaction CACC Common Stock Sale -$233K -420 -0.9% $554.71 46K Aug 9, 2021 See footnote F7, F10
transaction CACC Common Stock Sale -$15.6K -28 -0.06% $555.81 46K Aug 9, 2021 See footnote F8, F10
transaction CACC Common Stock Sale -$5.01K -9 -0.02% $557.05 46K Aug 9, 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 Aug 9, 2021 Common Stock 39K $500.00 See footnote F9
holding CACC Call Options (Obligation to Sell) 130 Aug 9, 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 $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.