Jill Foss Watson - 13 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
13 Aug 2021
Net transactions value
-$2,803,876
Form type
4
Filing time
17 Aug 2021, 20:41:16 UTC
Previous filing
16 Aug 2021
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale $89,358 -160 -0.15% $558.49 106,167 13 Aug 2021 See footnote F1, F2
transaction CACC Common Stock Sale $103,526 -185 -0.17% $559.60 105,982 13 Aug 2021 See footnote F2, F3
transaction CACC Common Stock Sale $161,456 -288 -0.27% $560.61 105,694 13 Aug 2021 See footnote F2, F4
transaction CACC Common Stock Sale $390,776 -696 -0.66% $561.46 104,998 13 Aug 2021 See footnote F2, F5
transaction CACC Common Stock Sale $34,886 -62 -0.06% $562.68 104,936 13 Aug 2021 See footnote F2, F6
transaction CACC Common Stock Sale $5,076 -9 -0.01% $564.02 104,927 13 Aug 2021 See footnote F2
transaction CACC Common Stock Sale $134,596 -241 -0.08% $558.49 292,001 13 Aug 2021 See footnote F1, F7
transaction CACC Common Stock Sale $155,569 -278 -0.1% $559.60 291,723 13 Aug 2021 See footnote F3, F7
transaction CACC Common Stock Sale $241,623 -431 -0.15% $560.61 291,292 13 Aug 2021 See footnote F4, F7
transaction CACC Common Stock Sale $586,164 -1,044 -0.36% $561.46 290,248 13 Aug 2021 See footnote F5, F7
transaction CACC Common Stock Sale $52,892 -94 -0.03% $562.68 290,154 13 Aug 2021 See footnote F6, F7
transaction CACC Common Stock Sale $6,768 -12 -0% $564.02 290,142 13 Aug 2021 See footnote F7
transaction CACC Common Stock Sale $64,226 -115 -0.28% $558.49 40,885 13 Aug 2021 See footnote F1, F8
transaction CACC Common Stock Sale $73,867 -132 -0.32% $559.60 40,753 13 Aug 2021 See footnote F3, F8
transaction CACC Common Stock Sale $114,925 -205 -0.5% $560.61 40,548 13 Aug 2021 See footnote F4, F8
transaction CACC Common Stock Sale $279,607 -498 -1.2% $561.46 40,050 13 Aug 2021 See footnote F5, F8
transaction CACC Common Stock Sale $25,321 -45 -0.11% $562.68 40,005 13 Aug 2021 See footnote F6, F8
transaction CACC Common Stock Sale $2,820 -5 -0.01% $564.02 40,000 13 Aug 2021 See footnote F8
transaction CACC Common Stock Sale $24,014 -43 -0.08% $558.46 54,303 13 Aug 2021 See footnote F9
transaction CACC Common Stock Sale $78,400 -140 -0.26% $560.00 54,163 13 Aug 2021 See footnote F9, F10
transaction CACC Common Stock Sale $157,170 -280 -0.52% $561.32 53,883 13 Aug 2021 See footnote F9, F11
transaction CACC Common Stock Sale $20,835 -37 -0.07% $563.11 53,846 13 Aug 2021 See footnote F9

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 13 Aug 2021 Common Stock 39,000 $500.00 See footnote F7
holding CACC Call Options (Obligation to Sell) 130 13 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 $557.95 to $558.71, 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 $558.95 to $559.91, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $559.97 to $560.84, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $561.00 to $561.98, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $562.19 to $563.10, 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 $559.79 to $560.44, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $560.87 to $562.85, 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.