0000885550-23-000116.txt : 20231102 0000885550-23-000116.hdr.sgml : 20231102 20231102160827 ACCESSION NUMBER: 0000885550-23-000116 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231102 DATE AS OF CHANGE: 20231102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rostami Andrew K CENTRAL INDEX KEY: 0001924960 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 231372315 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 wk-form4_1698955667.xml FORM 4 X0508 4 2023-10-31 0 0000885550 CREDIT ACCEPTANCE CORP CACC 0001924960 Rostami Andrew K 25505 WEST TWELVE MILE ROAD SOUTHFIELD MI 48034 0 1 0 0 Chief Mktg and Product Officer 0 Common Stock 2023-10-31 4 F 0 483.5 402.43 D 6631.5 D Employee Stock Option (right to buy) 585.93 2028-04-18 Common Stock 16000 16000 D Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and conversion of restricted stock units to shares of common stock. Includes 6,000 unvested restricted stock units that were 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. The original 4,000 restricted stock units granted to Mr. Rostami vest and are being distributed in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 restricted stock units vest and are being distributed in four equal annual installments beginning on October 31, 2023, which was the first anniversary of the date on which the restricted stock units were granted. The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted. /s/ Andrew K. Rostami 2023-11-02