Form Type: 4

SEC EDGAR Link
Accession Number:0000885550-21-000143
Date:2021-11-03
Issuer: CREDIT ACCEPTANCE CORP (CACC)
Original Submission Date:

Reporting Person:

BUSK DOUGLAS W
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 1,253 d $661.14 6,566 direct
COMMON STOCK 2021-11-03 S 100 d $661.64 6,466 direct
COMMON STOCK 2021-11-03 S 33 d $664.03 6,433 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 46,000 $333.94 46,000 direct
Footnotes
IDfootnote
f1 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $660.05 to $660.15, 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 footnotes to this form 4.
f2 includes 6,433 vested restricted stock units that were granted under the company's incentive compensation plan.
f3 the option, representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on december 30, 2021, which is the first anniversary of the date on which the option was granted.

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