SMITH ARTHUR L 4
4 · CREDIT ACCEPTANCE CORP · Filed Nov 12, 2021
Insider Transaction Report
Form 4
SMITH ARTHUR L
Chief Analytics Officer
Transactions
- Sale
Common Stock
2021-11-10$647.42/sh−258$167,034→ 11,512 total - Sale
Common Stock
2021-11-10$653.27/sh−489$319,449→ 10,070 total - Sale
Common Stock
2021-11-10$657.33/sh−11$7,231→ 9,959 total - Sale
Common Stock
2021-11-10$659.01/sh−59$38,882→ 9,900 total - Sale
Common Stock
2021-11-10$660.06/sh−400$264,024→ 9,500 total - Sale
Common Stock
2021-11-10$660.47/sh−100$66,047→ 9,400 total - Sale
Common Stock
2021-11-10$661.92/sh−100$66,192→ 9,300 total - Sale
Common Stock
2021-11-10$649.75/sh−53$34,437→ 11,459 total - Sale
Common Stock
2021-11-10$651.40/sh−900$586,260→ 10,559 total - Sale
Common Stock
2021-11-10$656.21/sh−100$65,621→ 9,970 total
Holdings
- 50,000
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $647.23 to $648.19, 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 7,300 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 $649.21 to $649.76, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $650.99 to $651.48, 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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $653.17 to $653.43, 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.
- [F6]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.