Elliott Nicholas J 4
4 · CREDIT ACCEPTANCE CORP · Filed Jan 25, 2024
Insider Transaction Report
Form 4
Elliott Nicholas J
Chief Transformation Officer
Transactions
- Award
Common Stock
2024-01-23+700→ 1,526 total
Holdings
- 292(indirect: By Trust)
Common Stock
- 13,950
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (13,950 underlying)
Footnotes (3)
- [F1]Includes 700 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. 700 shares will vest and be distributed on January 23, 2025, which is the first anniversary of the date on which the restricted stock units were granted.
- [F2]Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 24, 2024, according to the Plan trustee.
- [F3]The option, initially representing the right to purchase 15,750 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.