BUSK DOUGLAS W 4
4 · CREDIT ACCEPTANCE CORP · Filed Nov 5, 2021
Insider Transaction Report
Form 4
BUSK DOUGLAS W
Sr. Vice President & Treasurer
Transactions
- Sale
Common Stock
2021-11-03$664.03/sh−33$21,913→ 6,433 total - Sale
Common Stock
2021-11-03$661.14/sh−1,253$828,408→ 6,566 total - Sale
Common Stock
2021-11-03$661.64/sh−100$66,164→ 6,466 total
Holdings
- 46,000
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (46,000 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.05 to $660.15, 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 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
- [F3]The option, representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.