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