Form Type: 4

SEC EDGAR Link
Accession Number:0000885550-21-000142
Date:2021-11-03
Issuer: CREDIT ACCEPTANCE CORP (CACC)
Original Submission Date:

Reporting Person:

BOOTH KENNETH
25505 WEST TWELVE MILE ROAD
SOUTHFIELD, MI 48034

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-03 S 3,500 d $668.00 17,012 direct
COMMON STOCK 2021-11-05 S 2,000 d $700.00 15,012 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 333.94 deemed execution date 0 ( ) 2026-12-30 common stock 50,000 $333.94 50,000 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 390.39 deemed execution date 0 ( ) 2031-04-28 common stock 110,000 $390.39 110,000 direct
Footnotes
IDfootnote
f1 includes 7,012 vested restricted stock units that were granted under the company's incentive compensation plan.
f2 the option, representing a right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on december 30, 2021, which is the first anniversary of the date on which the option was granted.
f3 the option, representing a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on april 28, 2022, which is the first anniversary of the date on which the option was granted.

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