0000885550-12-000015.txt : 20120209 0000885550-12-000015.hdr.sgml : 20120209 20120209162848 ACCESSION NUMBER: 0000885550-12-000015 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120209 DATE AS OF CHANGE: 20120209 GROUP MEMBERS: DONALD A. FOSS 2009 ANNUITY TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT ACCEPTANCE CORP CENTRAL INDEX KEY: 0000885550 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 381999511 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45225 FILM NUMBER: 12587581 BUSINESS ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 BUSINESS PHONE: 2483532700 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 FORMER COMPANY: FORMER CONFORMED NAME: CREDIT ACCEPTANCE CORPORATION DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Donald A. Foss 2009 Annuity Trust CENTRAL INDEX KEY: 0001473482 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD STREET 2: SUITE 3000 CITY: SOUTHFIELD STATE: MI ZIP: 48034-8339 BUSINESS PHONE: (248) 353-2700, 4405 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD STREET 2: SUITE 3000 CITY: SOUTHFIELD STATE: MI ZIP: 48034-8339 SC 13G/A 1 applesc13g_123111.htm SCHEDULE 13G AMENDMENT 4 applesc13g_123111.htm

 
UNITED STATES
 
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
SCHEDULE 13G
 
 
Under the Securities Exchange Act of 1934
 
 
(Amendment No. 4)*
 
Credit Acceptance Corporation
(Name of Issuer)

Common Stock
(Title of Class of Securities)

225310 10 1
(CUSIP Number)

December 31, 2011
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
      Rule 13d-1(b)
 
 
     R Rule 13d-1(c)
 
 
      Rule 13d-1(d)
 
 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 
 

                     
CUSIP No.
  
225310 10 1 
                
           
1.
  
NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
The Donald A. Foss 2010 Annuity Trust #2.
     
     
2.
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
(a)   
 
(b)   
     
3.
  
SEC USE ONLY
   
   
     
4.
  
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Michigan
       
 
5.
  
SOLE VOTING POWER
     
NUMBER OF
  
0
       
SHARES
6.
  
SHARED VOTING POWER
BENEFICIALLY
    
OWNED BY
  
63,330
       
EACH
7.
  
SOLE DISPOSITIVE POWER
REPORTING
    
PERSON
  
0
       
WITH
8.
  
SHARED DISPOSITIVE POWER
     
   
63,330
     
9.
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
63,330
     
10.
  
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
     
11.
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
0.2%*
     
12.
  
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
OO

* The percentage is calculated based upon total outstanding shares of 25,666,399 as of October 21, 2011 as set forth in Issuer’s Form 10-Q filed on November 1, 2011.

 
 
 


 
                     
CUSIP No.
  
225310 10 1 
                
           
1.
  
NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
The Donald A. Foss 2010 Annuity Trust.
     
     
2.
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
(a)   
 
(b)   
     
3.
  
SEC USE ONLY
   
   
     
4.
  
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Michigan
       
 
5.
  
SOLE VOTING POWER
     
NUMBER OF
  
0
       
SHARES
6.
  
SHARED VOTING POWER
BENEFICIALLY
    
OWNED BY
  
1,272,830
       
EACH
7.
  
SOLE DISPOSITIVE POWER
REPORTING
    
PERSON
  
0
       
WITH
8.
  
SHARED DISPOSITIVE POWER
     
   
1,272,830
     
9.
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,272,830
     
10.
  
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
     
11.
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
5.0%*
     
12.
  
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
OO

* The percentage is calculated based upon total outstanding shares of 25,666,399 as of October 21, 2011 as set forth in Issuer’s Form 10-Q filed on November 1, 2011.

 
 
 

                     
CUSIP No.
  
225310 10 1 
                
           
1.
  
NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
The Donald A. Foss 2011 Annuity Trust.
     
     
2.
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
(a)   
 
(b)   
     
3.
  
SEC USE ONLY
   
   
     
4.
  
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Michigan
       
 
5.
  
SOLE VOTING POWER
     
NUMBER OF
  
0
       
SHARES
6.
  
SHARED VOTING POWER
BENEFICIALLY
    
OWNED BY
  
882,328
       
EACH
7.
  
SOLE DISPOSITIVE POWER
REPORTING
    
PERSON
  
0
       
WITH
8.
  
SHARED DISPOSITIVE POWER
     
   
882,328
     
9.
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
882,328
     
10.
  
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
     
11.
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
3.4%*
     
12.
  
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
OO

* The percentage is calculated based upon total outstanding shares of 25,666,399 as of October 21, 2011 as set forth in Issuer’s Form 10-Q filed on November 1, 2011.

 
 
 


                     
CUSIP No.
  
225310 10 1 
                
           
1.
  
NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
Allan V. Apple
     
     
2.
  
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
(a)   
 
(b)   
     
3.
  
SEC USE ONLY
   
   
     
4.
  
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
United States
       
 
5.
  
SOLE VOTING POWER
     
NUMBER OF
  
0
       
SHARES
6.
  
SHARED VOTING POWER
BENEFICIALLY
    
OWNED BY
  
2,218,488
       
EACH
7.
  
SOLE DISPOSITIVE POWER
REPORTING
    
PERSON
  
0
       
WITH
8.
  
SHARED DISPOSITIVE POWER
     
   
2,218,488
     
9.
  
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
2,218,488**
     
10.
  
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
     
11.
  
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
8.6%*
     
12.
  
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
IN

* The percentage is calculated based upon total outstanding shares of 25,666,399 as of October 21, 2011 as set forth in Issuer’s Form 10-Q filed on November 1, 2011.

** Mr. Apple is the trustee of the Donald A. Foss 2010 Annuity Trust #2, the Donald A. Foss 2010 Annuity Trust and the Donald A. Foss 2011 Annuity Trust. Mr. Apple disclaims beneficial ownership of these shares owned by such trusts.

 
 
 

ITEM 1. (a) NAME OF ISSUER.
Credit Acceptance Corporation

ITEM 1. (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES.
25505 West Twelve Mile Road, Southfield, Michigan 48034-8339

ITEM 2. (a) NAME OF PERSON FILING.
The Donald A. Foss 2010 Annuity Trust #2
The Donald A. Foss 2010 Annuity Trust
The Donald A. Foss 2011 Annuity Trust
Allan V. Apple
(each, a “Reporting Person” and collectively, the “Reporting Persons”). See Exhibit A.

ITEM 2. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE.
25505 West Twelve Mile Road, Southfield, Michigan 48034-8339

ITEM 2. (c) CITIZENSHIP.
The Donald A. Foss 2010 Annuity Trust #2: Michigan
The Donald A. Foss 2010 Annuity Trust: Michigan
The Donald A. Foss 2011 Annuity Trust: Michigan
Allan V. Apple: United States

ITEM 2. (d) TITLE OF CLASS OF SECURITIES. Common Stock

ITEM 2. (e) CUSIP NUMBER. 225310 10 1

ITEM 3. Not applicable

ITEM 4. OWNERSHIP.

Reporting Person
  
Amount beneficially owned:
  
Percent of class:
  
Sole power to vote or direct the vote:
  
Shared power to vote or to direct the vote:
  
Sole power to dispose or to direct the disposition of:
  
Shared power to dispose or to direct the disposition of:
The Donald A. Foss 2010 Annuity Trust #2
  
63,330
  
0.2%
*
  
0
  
63,330
  
0
  
63,330
The Donald A. Foss 2010 Annuity Trust
  
1,272,830
  
5.0%
*
  
0
  
1,272,830
  
0
  
1,272,830
The Donald A. Foss 2011 Annuity Trust
  
882,328
  
3.4%
*
  
0
  
882,328
  
0
  
882,328
Allan V. Apple
  
2,218,488
  
8.6%
*
  
0
  
2,218,488
  
0
  
2,218,488

*  
The percentage is calculated based upon total outstanding shares of 25,666,399 as of October 21, 2011 as set forth in Issuer’s Form 10-Q filed on November 1, 2011.

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable

ITEM 7.IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON.
Not applicable

 
 
 
 
 
ITEM 8.IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable

ITEM 9.NOTICE OF DISSOLUTION OF GROUP.
Not applicable

ITEM 10.CERTIFICATION.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
 
February 9, 2012
  
 
 
THE DONALD A. FOSS 2010 ANNUITY TRUST #2
 
  
 
By:  /s/ Allan V. Apple                                 
  
 
       Name/ Title: Allan V. Apple, Trustee 
  
     
 
THE DONALD A. FOSS 2010 ANNUITY TRUST
 
  
 
By:  
/s/ Allan V. Apple  
  
   
Name/ Title: Allan V. Apple, Trustee 
  
       
 
THE DONALD A. FOSS
2011 ANNUITY TRUST
 
  
 
By:  
/s/ Allan V. Apple  
  
   
Name/ Title: Allan V. Apple, Trustee 
  
       

         
 
/s/ Allan V. Apple  
  
 
Name:  
Allan V. Apple 
  
     

 
 
 


 
 
EXHIBIT A
 
 
Joint Filing Agreement
 

     In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them a statement on Schedule 13G (including amendments thereto, if any) with respect to the shares of common stock of Credit Acceptance Corporation, a Michigan corporation, and that this Agreement may be included as an Exhibit to such joint filing. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

     IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 9th day of February, 2012.
         
 
THE DONALD A. FOSS 2010 ANNUITY TRUST #2
 
  
 
By:  /s/ Allan V. Apple                                 
  
 
       Name/ Title: Allan V. Apple, Trustee 
  
     
 
THE DONALD A. FOSS 2010 ANNUITY TRUST
 
  
 
By:  
/s/ Allan V. Apple  
  
   
Name/ Title: Allan V. Apple, Trustee 
  
       
 
THE DONALD A. FOSS 2011 ANNUITY TRUST
 
  
 
By:  
/s/ Allan V. Apple  
  
   
Name/ Title: Allan V. Apple, Trustee 
  
       

         
 
/s/ Allan V. Apple  
  
 
Name:  
Allan V. Apple