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