Valiyaveettil Ravi Mohan 4
4 · CREDIT ACCEPTANCE CORP · Filed Oct 26, 2023
Insider Transaction Report
Form 4
Valiyaveettil Ravi Mohan
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2023-10-24$409.27/sh−1,166.27$477,319→ 8,833.73 total
Holdings
- 16,000
Employee Stock Option (right to buy)
Exercise: $424.12Exp: 2028-10-24→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and conversion of restricted stock units to shares of common stock.
- [F2]Includes 7,500 unvested restricted stock units that were 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 vest and be distributed in four equal annual installments beginning on October 24, 2023, which was the first anniversary of the date on which the restricted stock units were granted.
- [F3]The option vests in four equal annual installments beginning on October 24, 2023, which was the first anniversary of the date on which the option was granted.