CREDIT ACCEPTANCE CORPORATION 4/A
4/A · CREDIT ACCEPTANCE CORPORATION · Filed Jun 21, 2006
Insider Transaction Report
Form 4/AAmended
MCCLUSKEY KEITH P
President
Transactions
- Disposition to Issuer
Common Stock
2006-06-15$27.09/sh−14,646$396,760→ 0 total - Exercise/Conversion
Common Stock
2006-06-14$6.09/sh+5,000$30,450→ 5,000 total - Exercise/Conversion
Common Stock
2006-06-15$6.09/sh+14,646$89,194→ 14,646 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-06-14−5,000→ 895,000 totalExercise: $6.09From: 2001-04-19Exp: 2011-04-19→ Common Stock (5,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2006-06-15−14,646→ 880,354 totalExercise: $6.09From: 2001-04-19Exp: 2011-04-19→ Common Stock (14,646 underlying) - Disposition to Issuer
Common Stock
2006-06-14$27.59/sh−5,000$137,975→ 0 total
Holdings
- 110,140
Common Stock
- 83,166(indirect: By limited liability company)
Common Stock
Footnotes (3)
- [F1]This Form 4 originally filed by the Reporting Person in connection with this transaction incorrectly reported the number of Employee Stock Options exercised and the number of shares of Common Stock sold on 6/15/2006. The actual number of stock options exercised and shares of common stock sold were 14,646. This Form 4/A reflects the correct number of stock options exercised and common stock shares sold on 6/15/2006.
- [F2]Includes 68,306 shares of restricted stock under the Company's Incentive Compensation Plan. The shares will vest in full or in part based on the Company's satisfaction of certain performance-related criteria.
- [F3]Shares are owned by a limited liability company in which Mr. McCluskey has a 80% interest.