SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BERCE DANIEL E
(Last) (First) (Middle)
801 CHERRY STREET
SUITE 3900
(Street)
FORT WORTH TX 76102
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERICREDIT CORP [ ACF ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/01/2006 M 100,000 A $12 302,434 D
Common Stock 06/01/2006 S 6,100 D $29.04 296,334 D
Common Stock 06/01/2006 S 300 D $29 296,034 D
Common Stock 06/01/2006 S 1,000 D $28.97 295,034 D
Common Stock 06/01/2006 S 3,100 D $28.95 291,934 D
Common Stock 06/01/2006 S 1,700 D $28.93 290,234 D
Common Stock 06/01/2006 S 1,100 D $28.89 289,134 D
Common Stock 06/01/2006 S 500 D $28.85 288,634 D
Common Stock 06/01/2006 S 1,200 D $28.83 287,434 D
Common Stock 06/01/2006 S 1,300 D $28.82 286,134 D
Common Stock 06/01/2006 S 1,000 D $28.8 285,134 D
Common Stock 06/01/2006 S 1,600 D $28.78 283,534 D
Common Stock 06/01/2006 S 1,400 D $28.77 282,134 D
Common Stock 06/01/2006 S 6,700 D $28.75 275,434 D
Common Stock 06/01/2006 S 1,600 D $28.74 273,834 D
Common Stock 06/01/2006 S 1,000 D $28.73 272,834 D
Common Stock 06/01/2006 S 4,900 D $28.72 267,934 D
Common Stock 06/01/2006 S 1,200 D $28.71 266,734 D
Common Stock 06/01/2006 S 32,100 D $28.7 234,634 D
Common Stock 06/01/2006 S 7,700 D $28.69 226,934 D
Common Stock 06/01/2006 S 1,100 D $28.68 225,834 D
Common Stock 06/01/2006 S 1,500 D $28.66 224,334 D
Common Stock 06/01/2006 S 18,100 D $28.65 206,234 D
Common Stock 06/01/2006 S 1,500 D $28.63 204,734 D
Common Stock 06/01/2006 S 1,500 D $28.6 203,234 D
Common Stock 06/01/2006 S 800 D $28.54 202,434 D
Common Stock 8,695 I 401K
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $12 06/01/2006 M 100,000 01/27/1998 12/31/2006 Common Stock 100,000 $12 1,036,000 D
Restricted Stock Units (1) 05/31/2006 A 104,000 (2) 05/31/2011 Common Stock 104,000 $0 104,000 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of ACF common stock.
2. The restricted stock units (RSUs) are performanced-based and will vest in three equal installments following the close of ACF's 2007, 2008 and 2009 fiscal years. For each fiscal year, three levels of performance goals have been set and the actual number of RSUs that vest for each fiscal year will depend on which level of performance goal is attained, if any. RSUs that do not vest will be forfeited. Vested RSUs are distributable in shares of Common Stock only, at the earlier to occur of (i) five years following the grant date, or (ii) the grantee's death, disability or termination of employment, or (iii) a change of control event.
/s/ J. MICHAEL MAY 06/02/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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