DANIEL A. ULATOWSKI - 30 Jan 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Daniel A. Ulatowski
Issuer symbol
CACC
Transactions as of
30 Jan 2023
Transactions value $
-$1,351,635
Form type
4
Filing time
01 Feb 2023, 15:06:47 UTC
Previous filing
09 Nov 2021
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$1.35M -3.01K -23.24% $448.75 9.95K 30 Jan 2023 Direct
holding CACC Common Stock 53 30 Jan 2023 By 401(k) Trust F1

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 Employee Stock Option (right to buy) 50K 30 Jan 2023 Common Stock 50K $333.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of December 30, 2022, according to the Plan trustee.
F2 The option, initially representing the right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.