0000885550-23-000118.txt : 20231116 0000885550-23-000118.hdr.sgml : 20231116 20231116160806 ACCESSION NUMBER: 0000885550-23-000118 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231114 FILED AS OF DATE: 20231116 DATE AS OF CHANGE: 20231116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH ARTHUR L CENTRAL INDEX KEY: 0001604078 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 231414664 MAIL ADDRESS: STREET 1: 25505 W 12 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_1700168877.xml FORM 4 X0508 4 2023-11-14 0 0000885550 CREDIT ACCEPTANCE CORP CACC 0001604078 SMITH ARTHUR L 25505 WEST TWELVE MILE ROAD SOUTHFIELD MI 48034 0 1 0 0 Chief Analytics Officer 0 Common Stock 2023-11-14 4 S 0 115 418.04 D 6173 D Common Stock 2023-11-14 4 S 0 100 419.62 D 6073 D Common Stock 2023-11-14 4 S 0 2240 420.72 D 3833 D Common Stock 2023-11-14 4 S 0 459 421.38 D 3374 D Common Stock 2023-11-14 4 S 0 343 422.39 D 3031 D Common Stock 2023-11-14 4 S 0 1144 423.45 D 1887 D Common Stock 2023-11-14 4 S 0 1330 424.32 D 557 D Common Stock 2023-11-14 4 S 0 26 425.19 D 531 D Common Stock 2023-11-14 4 S 0 31 426.47 D 500 D Employee Stock Option (right to buy) 333.94 2026-12-30 Common Stock 50000 50000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $418.00 to $418.30, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.21 to $420.91, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $421.14 to $421.69, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $422.16 to $422.51, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $423.13 to $423.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $424.00 to $424.75, inclusive. The option, initially representing the right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted. /s/ Arthur L. Smith 2023-11-16