0001415889-21-003607.txt : 20210714
0001415889-21-003607.hdr.sgml : 20210714
20210714214100
ACCESSION NUMBER: 0001415889-21-003607
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210709
FILED AS OF DATE: 20210714
DATE AS OF CHANGE: 20210714
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Watson Jill Foss
CENTRAL INDEX KEY: 0001568982
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20202
FILM NUMBER: 211091542
MAIL ADDRESS:
STREET 1: 29777 TELEGRAPH ROAD
STREET 2: SUITE 2611
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/A
1
form4a-07142021_060747.xml
X0306
4/A
2021-07-09
2021-07-13
0000885550
CREDIT ACCEPTANCE CORP
CACC
0001568982
Watson Jill Foss
29777 TELEGRAPH ROAD
SUITE 2611
SOUTHFIELD
MI
48034
false
false
true
false
Common Stock
2021-07-09
4
S
0
347
443.36
D
146580
I
See footnote
Common Stock
2021-07-09
4
S
0
266
444.48
D
146314
I
See footnote
Common Stock
2021-07-09
4
S
0
2010
445.75
D
144303
I
See footnote
Common Stock
2021-07-09
4
S
0
921
446.60
D
143383
I
See footnote
Common Stock
2021-07-09
4
S
0
56
447.94
D
143327
I
See footnote
Common Stock
2021-07-09
4
S
0
520
443.36
D
352622
I
See footnote
Common Stock
2021-07-09
4
S
0
400
444.48
D
352222
I
See footnote
Common Stock
2021-07-09
4
S
0
3016
445.75
D
349207
I
See footnote
Common Stock
2021-07-09
4
S
0
1381
446.60
D
347825
I
See footnote
Common Stock
2021-07-09
4
S
0
83
447.94
D
347742
I
See footnote
Common Stock
2021-07-09
4
S
0
262
443.75
D
68584
I
See footnote
Common Stock
2021-07-09
4
S
0
439
445.51
D
68145
I
See footnote
Common Stock
2021-07-09
4
S
0
930
446.47
D
67215
I
See footnote
Common Stock
2021-07-09
4
S
0
169
447.49
D
67046
I
See footnote
Call Options (Obligation to Sell)
500
2022-02-15
2022-02-15
Common Stock
39000
390
I
See footnote
Call Options (Obligation to Sell)
500
2022-02-09
2022-02-09
Common Stock
13000
130
I
See footnote
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.05 to $443.67, 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 preceding sentence.
The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment to correct an administrative error, which over-reported the number of shares beneficially owned following the reported transaction by 50,000 shares. As a result of the correction, the number of shares beneficially owned by the reporting person following the transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 50,000 shares.
These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.06 to $445.00, 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 preceding sentence.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.28 to $446.26, 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 preceding sentence.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446.31 to $447.23, 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 preceding sentence.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, 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 preceding sentence.
The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment to correct an administrative error, which misreported sales by the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson and Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson, when in fact neither of the trusts engaged in any sales.
These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust and of the Issue Trusts.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.62 to $444.23, 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 preceding sentence.
The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported a sale that occurred on July 9, 2021 as a total of 9,000 shares sold when in fact 1,800 shares of the Issuer's common stock were sold. As a result of the correction, the number of shares beneficially owned by the reporting person following the corrected transaction reflects an increase in the number of shares reported as beneficially owned by the reporting person by 7,200 shares.
These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.83 to $445.48, 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 preceding sentence.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446 to $446.67, 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 preceding sentence.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.22 to $447.88, 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 preceding sentence.
/s/ Bradley J. Wyatt, Attorney-in-Fact
2021-07-14