0000885550-21-000025.txt : 20210202
0000885550-21-000025.hdr.sgml : 20210202
20210202161741
ACCESSION NUMBER: 0000885550-21-000025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210129
FILED AS OF DATE: 20210202
DATE AS OF CHANGE: 20210202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LUM JONATHAN
CENTRAL INDEX KEY: 0001777743
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20202
FILM NUMBER: 21581679
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]
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
wf-form4_161230063660912.xml
FORM 4
X0306
4
2021-01-29
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
Common Stock
2021-01-29
4
A
0
1300
0
A
12514
D
Common Stock
2021-01-29
4
F
0
59
385.77
D
12455
D
Common Stock
337
I
By 401(k) Plan
Employee Stock Option (right to buy)
333.94
2026-12-30
Common Stock
40000.0
40000
D
Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Lum on January 30, 2023.
Includes 4,254 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
Shares withheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.
Includes 4,195 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 26, 2021, according to the Plan trustee.
The option vests in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.
/s/ Jonathan L. Lum
2021-02-02