Thomas N. Tryforos - Oct 20, 2021 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Director
Signature: /s/ Thomas N. Tryforos
Stock symbol: CACC
Transactions as of: Oct 20, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/22/2021, 04:12 PM
Next filing: Nov 9, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	CACC	Common Stock	Other	-106K	-100%	0	Oct 20, 2021	By charitable remainder trust	F1
transaction	CACC	Common Stock	Other	-106K	-100%	0	Oct 20, 2021	By charitable remainder trust	F2
transaction	CACC	Common Stock	Other	+106K		106K	Oct 20, 2021	By limited liability company	F1
transaction	CACC	Common Stock	Other	+106K		106K	Oct 20, 2021	By limited liability company.	F2
holding	CACC	Common Stock				208K	Oct 20, 2021	By limited liability company	F3

Showing 1 to 5 of 5 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 20, 2021, shares held by a charitable remainder trust (referred to herein as Unitrust A), of which the reporting person is the sole trustee, were contributed to a limited liability company (referred to herein as LLC A) managed by a person other than the reporting person, in exchange for 100% of the membership interests of LLC A.
F2	On October 20, 2021, shares held by a charitable remainder trust (referred to herein as Unitrust B), of which the reporting person is the sole trustee, were contributed to a limited liability company (referred to herein as LLC B) managed by a person other than the reporting person, in exchange for 100% of the membership interests of LLC B.
F3	By Elias Charles & Co LLC

Remarks:

The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.