0000885550-21-000092.txt : 20210722
0000885550-21-000092.hdr.sgml : 20210722
20210722161513
ACCESSION NUMBER: 0000885550-21-000092
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210721
FILED AS OF DATE: 20210722
DATE AS OF CHANGE: 20210722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KERBER ERIN J
CENTRAL INDEX KEY: 0001871883
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20202
FILM NUMBER: 211107780
MAIL ADDRESS:
STREET 1: 25505 WEST TWELVE MILE RD
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_162698487875243.xml
FORM 4
X0306
4
2021-07-21
0
0000885550
CREDIT ACCEPTANCE CORP
CACC
0001871883
KERBER ERIN J
25505 WEST TWELVE MILE ROAD
SOUTHFIELD
MI
48034
0
1
0
0
Chief Legal Officer
Common Stock
3556
D
Common Stock
203
I
By 401(k) Trust
Employee Stock Option (right to buy)
333.94
2021-07-21
4
A
0
19500
0
A
2026-12-30
Common Stock
19500.0
19500
D
Employee Stock Option (right to buy)
454.11
2021-07-21
4
A
0
15500
0
A
2027-06-28
Common Stock
15500.0
15500
D
Includes 2,766 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 July 19, 2021, according to the Plan trustee.
The option was granted on December 30, 2020 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.
The option, representing a right to purchase 19,500 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.
The option was granted on June 28, 2021 and was subject to shareholder approval of an amendment to the Company's Amended and Restated Incentive Compensation Plan. Shareholder approval was received at the annual meeting of shareholders on July 21, 2021.
The option, representing a right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which is the first anniversary of the date on which the option was granted.
/s/ Erin J. Kerber
2021-07-22