0000885550-21-000017.txt : 20210129 0000885550-21-000017.hdr.sgml : 20210129 20210129163355 ACCESSION NUMBER: 0000885550-21-000017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210127 FILED AS OF DATE: 20210129 DATE AS OF CHANGE: 20210129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH ARTHUR L CENTRAL INDEX KEY: 0001604078 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 21571681 MAIL ADDRESS: STREET 1: 25505 W 12 MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT ACCEPTANCE CORP CENTRAL INDEX KEY: 0000885550 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 381999511 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 BUSINESS PHONE: 2483532700 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 FORMER COMPANY: FORMER CONFORMED NAME: CREDIT ACCEPTANCE CORPORATION DATE OF NAME CHANGE: 19930328 4 1 wf-form4_161195602095620.xml FORM 4 X0306 4 2021-01-27 0 0000885550 CREDIT ACCEPTANCE CORP CACC 0001604078 SMITH ARTHUR L 25505 WEST TWELVE MILE ROAD SOUTHFIELD MI 48034 0 1 0 0 Chief Analytics Officer Common Stock 2021-01-27 4 S 0 1000 400 D 15945 D Common Stock 2021-01-27 4 S 0 100 450.01 D 15845 D Common Stock 2021-01-27 4 S 0 100 450.20 D 15745 D Common Stock 2021-01-27 4 S 0 200 452.29 D 15545 D Common Stock 2021-01-27 4 S 0 1558 450 D 13987 D Common Stock 2021-01-27 4 S 0 42 452.18 D 13945 D Common Stock 2021-01-29 4 A 0 1825 0 A 15770 D Employee Stock Option (right to buy) 333.94 2026-12-30 Common Stock 50000.0 50000 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. Includes 5,475 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Smith on January 30, 2023. Includes 7,300 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. The option vests in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted. /s/ Arthur L. Smith 2021-01-29