CREDIT ACCEPTANCE CORPORATION 4
4 · CREDIT ACCEPTANCE CORPORATION · Filed Jun 21, 2006
Insider Transaction Report
Form 4
MCCLUSKEY KEITH P
President
Transactions
- Exercise/Conversion
Common Stock
2006-06-19$6.09/sh+37,700$229,593→ 37,700 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-06-19−37,700→ 830,641 totalExercise: $6.09From: 2001-04-19Exp: 2011-04-19→ Common Stock (37,700 underlying) - Disposition to Issuer
Common Stock
2006-06-19$27.16/sh−37,700$1,023,819→ 0 total - Exercise/Conversion
Common Stock
2006-06-20$6.09/sh+13,400$81,606→ 13,400 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-06-20−13,400→ 817,241 totalExercise: $6.09From: 2001-04-19Exp: 2011-04-19→ Common Stock (13,400 underlying) - Disposition to Issuer
Common Stock
2006-06-20$27.05/sh−13,400$362,470→ 0 total
Holdings
- 110,140
Common Stock
- 83,166(indirect: By limited liability company)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]Shares are owned by a limited liability company in which Mr. McCluskey has a 80% interest.
- [F3]Total reflects a correction of 2,000 Employee Stock Options that were previously reported incorrectly.