Martin Jay D 4
4 · CREDIT ACCEPTANCE CORP · Filed Jan 25, 2024
Insider Transaction Report
Form 4
Martin Jay D
Chief Financial Officer
Transactions
- Award
Common Stock
2024-01-23+600→ 5,575 total
Holdings
- 19,500
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (19,500 underlying) - 2,250
Employee Stock Option (right to buy)
Exercise: $390.39Exp: 2027-04-28→ Common Stock (2,250 underlying)
Footnotes (3)
- [F1]Includes 600 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. 600 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]The option, initially representing the right to purchase 19,500 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.
- [F3]The option, initially representing the right to purchase 2,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.