0000885550-21-000089.txt : 20210722 0000885550-21-000089.hdr.sgml : 20210722 20210722161022 ACCESSION NUMBER: 0000885550-21-000089 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210721 FILED AS OF DATE: 20210722 DATE AS OF CHANGE: 20210722 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Booth Kenneth CENTRAL INDEX KEY: 0001300069 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 211107726 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE 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_162698460384908.xml FORM 4 X0306 4 2021-07-21 0 0000885550 CREDIT ACCEPTANCE CORP CACC 0001300069 Booth Kenneth 25505 WEST TWELVE MILE ROAD SOUTHFIELD MI 48034 1 1 0 0 Chief Executive Officer Common Stock 23512 D Employee Stock Option (right to buy) 390.39 2021-07-21 4 A 0 110000 0 A 2031-04-28 Common Stock 110000.0 110000 D Employee Stock Option (right to buy) 333.94 2026-12-30 Common Stock 50000.0 50000 D Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. The option was granted on April 28, 2021 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021. The option, representing a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted. The option, representing a right to purchase 50,000 shares, is exercisable 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/ Kenneth S. Booth 2021-07-22