Jill Foss Watson - 09 Feb 2022 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 Feb 2022
Net transactions value
-$26,000,000
Form type
4
Filing time
03 Mar 2022, 16:44:17 UTC
Previous filing
17 Aug 2021
Next filing
07 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Exercise of in-the-money or at-the-money derivative security $19,500,000 -39,000 -13% $500.00 251,142 15 Feb 2022 See Footnote (1)
transaction CACC Common Stock Exercise of in-the-money or at-the-money derivative security $6,500,000 -13,000 -12% $500.00 91,927 09 Feb 2022 See Footnote (2)

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
transaction CACC Call Option (Obligation to Sell) Exercise of in-the-money or at-the-money derivative security $0 -390 -100% $0.000000* 0 15 Feb 2022 Common Stock 39,000 $500.00 See Footnote F1
transaction CACC Call Options (Obligation to Sell) Exercise of in-the-money or at-the-money derivative security $0 -130 -100% $0.000000* 0 09 Feb 2022 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 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.
F2 These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.