CREDIT ACCEPTANCE CORP·4

May 26, 4:22 PM ET

KNOBLAUCH MICHAEL W 4

4 · CREDIT ACCEPTANCE CORP · Filed May 26, 2011

Insider Transaction Report

Form 4
Period: 2011-05-25
KNOBLAUCH MICHAEL W
SVP Loan Servicing
Transactions
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2011-05-2570030,577 total
    Exercise: $9.88Exp: 2012-02-11Common Stock (700 underlying)
  • Exercise/Conversion

    Common Stock

    2011-05-25$9.88/sh+700$6,92058,864 total
  • Sale

    Common Stock

    2011-05-25$77.00/sh700$53,90058,164 total
Footnotes (2)
  • [F1]Includes 4,000 restricted stock units that have vested under the Company's Incentive Compensation Plan.
  • [F2]The employee stock options vested in installments based on the Company's satisfaction of certain performance-related criteria and became vested in full on February 27, 2006.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION