0000885550-21-000144.txt : 20211105
0000885550-21-000144.hdr.sgml : 20211105
20211105161404
ACCESSION NUMBER: 0000885550-21-000144
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210907
FILED AS OF DATE: 20211105
DATE AS OF CHANGE: 20211105
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: 211384660
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_163614322470760.xml
FORM 4
X0306
4
2021-09-07
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
2021-09-07
4
I
0
353
645.57
D
0
I
By 401(k) Plan
Common Stock
2021-11-03
5
G
0
E
250
0
D
12205
D
Common Stock
2021-11-03
4
S
0
300
665.85
D
11905
D
Common Stock
2021-11-03
4
S
0
542
667.74
D
11363
D
Common Stock
2021-11-03
4
S
0
100
669.15
D
11263
D
Common Stock
2021-11-03
4
S
0
100
670
D
11163
D
Common Stock
2021-11-03
4
S
0
750
670.34
D
10413
D
Common Stock
2021-11-03
4
S
0
412
673.42
D
10001
D
Common Stock
2021-11-03
4
S
0
278
674.46
D
9723
D
Common Stock
2021-11-03
4
S
0
100
675.28
D
9623
D
Common Stock
2021-11-03
4
S
0
63
678.67
D
9560
D
Employee Stock Option (right to buy)
333.94
2026-12-30
Common Stock
40000.0
40000
D
Shares were held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust until September 7, 2021, according to the Plan trustee.
Includes 4,195 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $665.62 to $666.17, 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 $667.32 to $668.31, 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 $670.08 to $671.01, 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 $673.12 to $673.89, 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 $674.22 to $675.00, 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 option, representing the right to purchase 40,000 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.
/s/ Jonathan L. Lum
2021-11-05