Jay D. Martin - 30 Jan 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Jay D. Martin
Issuer symbol
CACC
Transactions as of
30 Jan 2023
Transactions value $
$-415,094
Form type
4
Filing time
01 Feb 2023, 15:11:41 UTC
Previous filing
03 Sep 2021
Next filing
25 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability $-415,094 -925 -15.7% $448.75 4,975 30 Jan 2023 Direct

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) 19,500 30 Jan 2023 Common Stock 19,500 $333.94 Direct F1
holding CACC Employee Stock Option (right to buy) 2,250 30 Jan 2023 Common Stock 2,250 $390.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option, initially representing the right to purchase 19,500 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
F2 The option, initially representing the right to purchase 2,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.