KERBER ERIN J 4

4 · CREDIT ACCEPTANCE CORP · Filed Jul 22, 2021

Form 4

Period: 2021-07-21

Chief Legal Officer

Transactions

Award
Employee Stock Option (right to buy)
2021-07-21+19,500→ 19,500 total
Exercise: $333.94Exp: 2026-12-30→ Common Stock (19,500 underlying)
Award
Employee Stock Option (right to buy)
2021-07-21+15,500→ 15,500 total
Exercise: $454.11Exp: 2027-06-28→ Common Stock (15,500 underlying)

Holdings

Footnotes (6)

[F1]Includes 2,766 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
[F2]Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of July 19, 2021, according to the Plan trustee.
[F3]The option was granted on December 30, 2020 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.
[F4]The option, representing a right to purchase 19,500 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.
[F5]The option was granted on June 28, 2021 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.
[F6]The option, representing a right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which is the first anniversary of the date on which the option was granted.

Documents

1 file