Valiyaveettil Ravi Mohan 4
4 · CREDIT ACCEPTANCE CORP · Filed Dec 5, 2024
Insider Transaction Report
Form 4
Valiyaveettil Ravi Mohan
Chief Technology Officer
Transactions
- Award
Common Stock
2024-12-03+20,958→ 28,587.12 total
Holdings
- 16,000
Employee Stock Option (right to buy)
Exercise: $424.12Exp: 2028-10-24→ Common Stock (16,000 underlying)
Footnotes (3)
- [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 25,958 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]The option is exercisable in four equal annual installments beginning on October 24, 2023, which was the first anniversary of the date on which the option was granted.