4//SEC Filing
KERBER ERIN J 4
Accession 0000885550-24-000134
CIK 0000885550other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:13 PM ET
Size
9.3 KB
Accession
0000885550-24-000134
Insider Transaction Report
Form 4
KERBER ERIN J
Chief Legal Officer
Transactions
- Award
Common Stock
2024-12-03+23,508→ 26,253 total
Holdings
- 14,625
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (14,625 underlying) - 226(indirect: By Trust)
Common Stock
- 15,500
Employee Stock Option (right to buy)
Exercise: $454.11Exp: 2027-06-28→ Common Stock (15,500 underlying)
Footnotes (5)
- [F1]These restricted stock units, which vest over a ten-year period, are intended to provide incentive compensation to the reporting person for 2025 through 2034, with no additional equity awards anticipated to be granted to the reporting person prior to the end of the ten-year period except in certain circumstances including significant changes in performance, responsibility, or market conditions.
- [F2]Includes 23,508 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.
- [F3]Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of November 29, 2024, according to the Plan trustee.
- [F4]The option, initially representing the right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which was the first anniversary of the date on which the option was granted.
- [F5]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.
Documents
Issuer
CREDIT ACCEPTANCE CORP
CIK 0000885550
Entity typeother
Related Parties
1- filerCIK 0001871883
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:13 PM ET
- Size
- 9.3 KB