Filing Details

Accession Number:
0001415889-16-007228
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-27 18:00:28
Reporting Period:
2016-09-26
Filing Date:
2016-09-27
Accepted Time:
2016-09-27 18:00:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
885550 Credit Acceptance Corp CACC Personal Credit Institutions (6141) 381999511
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1568982 Foss Jill Watson 25505 W 12 Mile Rd
Suite 4125
Southfield MI 48034
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-09-26 101,760 $197.50 602,970 No 4 S Indirect See footnote
Common Stock Disposition 2016-09-26 5,900 $197.51 55,446 No 4 S Indirect See footnote
Common Stock Disposition 2016-09-26 500 $198.73 54,946 No 4 S Indirect See footnote
Common Stock Disposition 2016-09-26 131,840 $197.50 1,133,424 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 270,000 Indirect See footnote
Common Stock 58,154 Indirect See footnote
Common Stock 58,154 Indirect See footnote
Common Stock 2,146 Indirect By son
Footnotes
  1. These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.50 to $198.31, 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 preceding sentence.
  3. These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.69 to $198.82, 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 preceding sentence.
  5. These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
  6. These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
  7. These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson.
  8. These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson.
  9. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.