JONATHAN LUM - 30 Jan 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Jonathan L. Lum
Issuer symbol
CACC
Transactions as of
30 Jan 2023
Transactions value $
-$627,801
Form type
4
Filing time
01 Feb 2023, 15:13:13 UTC
Previous filing
05 Nov 2021
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$628K -1.4K -14.63% $448.75 8.16K 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) 40K 30 Jan 2023 Common Stock 40K $333.94 Direct F1
* 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 40,000 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.