0000885550-24-000043.txt : 20240319
0000885550-24-000043.hdr.sgml : 20240319
20240319162202
ACCESSION NUMBER: 0000885550-24-000043
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240315
FILED AS OF DATE: 20240319
DATE AS OF CHANGE: 20240319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LUM JONATHAN
CENTRAL INDEX KEY: 0001777743
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20202
FILM NUMBER: 24763584
MAIL ADDRESS:
STREET 1: 25505 W 12 MILE ROAD
CITY: SOUTHFIELD
STATE: MI
ZIP: 48034
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CREDIT ACCEPTANCE CORP
CENTRAL INDEX KEY: 0000885550
STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 381999511
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
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
4
1
wk-form4_1710879701.xml
FORM 4
X0508
4
2024-03-15
0
0000885550
CREDIT ACCEPTANCE CORP
CACC
0001777743
LUM JONATHAN
25505 WEST TWELVE MILE ROAD
SOUTHFIELD
MI
48034-8334
0
1
0
0
Chief Operating Officer
0
Common Stock
2024-03-15
4
M
0
2500
333.94
A
10661
D
Common Stock
2024-03-15
4
S
0
2300
549.57
D
8361
D
Common Stock
2024-03-15
4
S
0
200
551.10
D
8161
D
Employee Stock Option (right to buy)
333.94
2024-03-15
4
M
0
2500
0
D
2026-12-30
Common Stock
2500
37500
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $549.19 to $549.80, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.06 to $551.14, inclusive.
The option, initially representing the right to purchase 40,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
/s/ Jonathan L. Lum
2024-03-19