0000885550-21-000110.txt : 20210903
0000885550-21-000110.hdr.sgml : 20210903
20210903161355
ACCESSION NUMBER: 0000885550-21-000110
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210902
FILED AS OF DATE: 20210903
DATE AS OF CHANGE: 20210903
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: 211236655
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_163070002244598.xml
FORM 4
X0306
4
2021-09-02
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
2021-09-02
4
S
0
2460
659.75
D
21052
D
Common Stock
2021-09-02
4
S
0
500
660.69
D
20552
D
Common Stock
2021-09-02
4
S
0
40
661.33
D
20512
D
Employee Stock Option (right to buy)
333.94
2026-12-30
Common Stock
50000.0
50000
D
Employee Stock Option (right to buy)
390.39
2031-04-28
Common Stock
110000.0
110000
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $659.27 to $660.25, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.26 to $661.13, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
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.
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.
/s/ Kenneth S. Booth
2021-09-03