0000885550-21-000092.txt : 20210722 0000885550-21-000092.hdr.sgml : 20210722 20210722161513 ACCESSION NUMBER: 0000885550-21-000092 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: KERBER ERIN J CENTRAL INDEX KEY: 0001871883 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 211107780 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE RD 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_162698487875243.xml FORM 4 X0306 4 2021-07-21 0 0000885550 CREDIT ACCEPTANCE CORP CACC 0001871883 KERBER ERIN J 25505 WEST TWELVE MILE ROAD SOUTHFIELD MI 48034 0 1 0 0 Chief Legal Officer Common Stock 3556 D Common Stock 203 I By 401(k) Trust Employee Stock Option (right to buy) 333.94 2021-07-21 4 A 0 19500 0 A 2026-12-30 Common Stock 19500.0 19500 D Employee Stock Option (right to buy) 454.11 2021-07-21 4 A 0 15500 0 A 2027-06-28 Common Stock 15500.0 15500 D Includes 2,766 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of July 19, 2021, according to the Plan trustee. The option was granted on December 30, 2020 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 19,500 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. The option was granted on June 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 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which is the first anniversary of the date on which the option was granted. /s/ Erin J. Kerber 2021-07-22