0000885550-24-000039.txt : 20240304
0000885550-24-000039.hdr.sgml : 20240304
20240304161837
ACCESSION NUMBER: 0000885550-24-000039
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240229
FILED AS OF DATE: 20240304
DATE AS OF CHANGE: 20240304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH ARTHUR L
CENTRAL INDEX KEY: 0001604078
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20202
FILM NUMBER: 24715192
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_1709586824.xml
FORM 4
X0508
4
2024-02-29
0
0000885550
CREDIT ACCEPTANCE CORP
CACC
0001604078
SMITH ARTHUR L
25505 WEST TWELVE MILE ROAD
SOUTHFIELD
MI
48034
0
1
0
0
Chief Analytics Officer
0
Common Stock
2024-02-29
4
M
0
3777
333.94
A
4277
D
Common Stock
2024-02-29
4
S
0
1854
554.15
D
2423
D
Common Stock
2024-02-29
4
S
0
1923
555.26
D
500
D
Common Stock
2024-03-01
4
M
0
8723
333.94
A
9223
D
Common Stock
2024-03-01
4
S
0
8723
554
D
500
D
Employee Stock Option (right to buy)
333.94
2024-02-29
4
M
0
3777
0
D
2026-12-30
Common Stock
3777
46223
D
Employee Stock Option (right to buy)
333.94
2024-03-01
4
M
0
8723
0
D
2026-12-30
Common Stock
8723
37500
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.00 to $554.89, 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 $555.09 to $555.72, inclusive.
The option, initially representing the right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
/s/ Arthur L. Smith
2024-03-04