PEARCE CHARLES A 4
4 · CREDIT ACCEPTANCE CORP · Filed Feb 2, 2021
Insider Transaction Report
Form 4
PEARCE CHARLES A
Chief Legal Officer
Transactions
- Award
Common Stock
2021-01-29+1,825→ 10,728 total
Holdings
- 50,000
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Represents the vesting of performance-based restricted stock units 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. Shares will be distributed to Mr. Pearce on January 30, 2023.
- [F2]Includes 7,228 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
- [F3]The option vests in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.