4//SEC Filing
Booth Kenneth 4
Accession 0000885550-21-000110
CIK 0000885550other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 4:13 PM ET
Size
11.6 KB
Accession
0000885550-21-000110
Insider Transaction Report
Form 4
Booth Kenneth
Chief Financial Officer
Transactions
- Sale
Common Stock
2021-09-02$661.33/sh−40$26,453→ 20,512 total - Sale
Common Stock
2021-09-02$659.75/sh−2,460$1,622,985→ 21,052 total - Sale
Common Stock
2021-09-02$660.69/sh−500$330,345→ 20,552 total
Holdings
- 110,000
Employee Stock Option (right to buy)
Exercise: $390.39Exp: 2031-04-28→ Common Stock (110,000 underlying) - 50,000
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (50,000 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $659.27 to $660.25, 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.
- [F2]Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.26 to $661.13, 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.
- [F4]The option, representing a right to purchase 50,000 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, representing a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted.
Documents
Issuer
CREDIT ACCEPTANCE CORP
CIK 0000885550
Entity typeother
Related Parties
1- filerCIK 0001300069
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 4:13 PM ET
- Size
- 11.6 KB