KOTCH NOAH 4
4 · CREDIT ACCEPTANCE CORP · Filed Feb 2, 2021
Insider Transaction Report
Form 4
KOTCH NOAH
Chief Information Officer
Transactions
- Tax Payment
Common Stock
2021-01-29$385.77/sh−64$24,689→ 3,711 total - Award
Common Stock
2021-01-29+1,475→ 3,775 total
Holdings
- 44,000
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (44,000 underlying)
Footnotes (5)
- [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. Kotch on January 30, 2023.
- [F2]Includes 3,775 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
- [F3]Shares withheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.
- [F4]Includes 3,711 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
- [F5]The option vests exercisable in four equal installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.