You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| The Donald A. Foss | 0 | 1,006,323 | 0 | 0 | 1,006,323 | 5.1% |
| The Donald A. Foss | 0 | 703,321 | 0 | 0 | 703,321 | 3.5% |
| Jill Foss Watson Living Trust | 475,447 | 0 | 475,447 | 0 | 475,447 | 2.4% |
| Jill Foss Watson Irrevocable Trust | 41,446 | 0 | 41,446 | 0 | 41,446 | 0.2% |
| Karol A. Foss Irrevocable Grandchildren s Trust | 853,424 | 0 | 853,424 | 0 | 853,424 | 4.3% |
| Jill Foss Watson | 164,804 | 0 | 164,804 | 0 | 164,804 | 0.8% |
| Jill Foss Watson | 58,154 | 0 | 58,154 | 0 | 58,154 | 0.3% |
| Jill Foss Watson | 58,154 | 0 | 58,154 | 0 | 58,154 | 0.3% |
| The Pathways Foundation | 1,827 | 0 | 1,827 | 0 | 1,827 | Less than 0.1% |
| Jill Foss Watson | 1,653,256 | 1,709,644 | 1,653,256 | 0 | 3,365,046 | 16.9% |
Page 1 of 14 – SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of
1934
(Amendment No. 6)*
Credit Acceptance Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
225310 10 1
(CUSIP Number)
Michael T. Raymond
Dickinson Wright, PLLC
2600 W. Big Beaver Rd., Suite 300
Troy, Michigan 48084-3312
248-433-7274
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 21, 2017
(Date of Event Which Requires Filing of
this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d–1(e),
240.13d–1(f) or 240.13d–1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule 13d–7 for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a
reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 2 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 2 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION The Donald A. Foss 2009 Remainder Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | o |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER 0 | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY 1,006,323 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 5.1%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 3 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 3 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION The Donald A. Foss 2010 Remainder Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER 0 | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 703,321 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 3.5%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 4 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 4 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson Living Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 475,447 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY 475,447 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 2.4%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 5 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 5 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson Irrevocable Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 41,446 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 41,446 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0.2%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 6 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 6 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Karol A. Foss Irrevocable Grandchildren’s | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Florida |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 853,424 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 853,424 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | o |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 4.3%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 7 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 7 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson 2016 Grantor Retained Annuity | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 164,804 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 164,804 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0.8%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 8 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 8 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson 2014 Children’s Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 58,154 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 58,154 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0.3%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 9 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 9 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson 2014 Children’s Trust | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 58,154 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 58,154 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 0.3%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 10 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 10 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION The Pathways Foundation | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Michigan |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 1,827 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 1,827 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN Less than 0.1%* | |
| 14 | TYPE OF REPORTING PERSON (SEE OO |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 11 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 11 of 13 Pages |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION Jill Foss Watson | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF | (a) ¨ (b) ¨ |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | ¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 1,653,256 |
| 8 | SHARED VOTING POWER | |
| 9 | SOLE DISPOSITIVE POWER | |
| 10 | SHARED DISPOSITIVE POWER 0 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 3,365,046** | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW CERTAIN SHARES (SEE INSTRUCTIONS) | ¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN 16.9 %* | |
| 14 | TYPE OF REPORTING PERSON (SEE IN |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
**Mrs. Foss Watson is the trustee of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Living Trust, the Karol A. Foss Irrevocable Grandchildren’s
Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, and the Pathways Foundation. Mr. Todd Watson, spouse of Jill Foss
Watson, is the trustee of the Jill Foss Watson Irrevocable Trust, the 2014 Children’s Trust FBO Gwyneth Ellen Watson, and the Jill
Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson. This amount also includes 2,146 shares held by Duncan Todd Watson. Mrs.
Foss Watson disclaims beneficial ownership of these shares owned by such trusts and by Duncan Todd Watson.
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 12 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 12 of 13 Pages |
Explanatory Note: This Schedule 13D Amendment No. 6 is
being filed to reflect the disposition by the reporting persons of shares of the Issuer’s common stock.
Item 1. Security and Issuer.
The class of equity securities to which this Schedule 13D relates
is the common stock of Credit Acceptance Corporation (“Issuer” or “CACC”). The principal executive offices
of CACC are located at 25505 West Twelve Mile Road, Southfield, Michigan 48034-8339.
Item 2. Identity and Background.
No change.
Item 3. Source and Amount of Funds or Other Consideration.
No change.
Item 4. Purpose of Transaction.
No change.
Item 5. Interest in Securities of the Issuer
| Reporting Person | Amount beneficially owned: | Percent of Class* | Sole power to vote or direct the vote: | Shared power to vote or to direct the vote: | Sole power to dispose or to direct the disposition of: | Shared power to dispose or to direct the disposition of: | ||||||
| The Donald A. Foss 2009 Remainder Trust | 1,006,323 | 5.1% | 0 | 1,006,323 | 0 | 0 | ||||||
| The Donald A. Foss 2010 Remainder Trust | 703,321 | 3.5% | 0 | 703,321 | 0 | 0 | ||||||
| Jill Foss Watson Living Trust | 475,447 | 2.4% | 475,447 | 0 | 475,447 | 0 | ||||||
| Jill Foss Watson Irrevocable Trust** | 41,446 | 0.2% | 41,446 | 0 | 41,446 | 0 | ||||||
| Karol A. Foss Irrevocable Grandchildren’s Trust** | 853,424 | 4.3% | 853,424 | 0 | 853,424 | 0 | ||||||
| Jill Foss Watson 2016 Grantor Retained Annuity | 164,804 | 0.8% | 164,804 | 0 | 164,804 | 0 | ||||||
| Jill Foss Watson 2014 Children’s Trust FBO Gwyneth Ellen Watson | 58,154 | 0.3% | 8,154 | 0 | 58,154 | 0 | ||||||
| Jill Foss Watson 2014 Children’s Trust | 58,154 | 0.3% | 58,154 | 0 | 58,154 | 0 | ||||||
| The Pathways Foundation | 1,827 | Less than 0.1% | 1,827 | 0 | 1,827 | 0 | ||||||
| Jill Foss Watson** | 3,365,046 | 16.9% | 1,653,256 | 1,709,644 | 1,653,256 | 0 | ||||||
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 13 of 14 – SEC Filing
| CUSIP No. 225310 10 1 | SCHEDULE 13D | Page 13 of 13 Pages |
* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.
**Mrs. Foss Watson is the trustee of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Living Trust, the Karol A. Foss Irrevocable Grandchildren’s
Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, and the Pathways Foundation. Mr. Todd Watson, spouse of Jill Foss
Watson, is the trustee of the Jill Foss Watson Irrevocable Trust, the Jill Foss Watson 2014 Children’s Trust FBO Gwyneth Ellen
Watson, and the Jill Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson. This amount also includes 2,146 shares held by Duncan
Todd Watson. Mrs. Foss Watson disclaims beneficial ownership of these shares owned by such trusts and by Duncan Todd Watson.
(c) None.
(d) The respective beneficiaries of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Irrevocable Trust, the Karol A. Foss Irrevocable
Grandchildren’s Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, the 2014 Children’s Trust FBO Gwyneth Ellen
Watson, and the Jill Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson ultimately receive the pecuniary benefit of dividends
from, or the proceeds from the sale of, the shares held in each respective trust.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.
No change.
Item 7. Material to be Filed as Exhibits.
No change.
[Signature page follows]
Follow Credit Acceptance Corp (NASDAQ:CACC)
Follow Credit Acceptance Corp (NASDAQ:CACC)
Page 14 of 14 – SEC Filing
SIGNATURE
After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Date: March 31, 2017 | The Donald A. Foss 2009 Remainder Trust | ||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson | |||
| Title: Trustee | |||
| The Donald A. Foss 2010 Remainder Trust | |||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson | |||
| Title: Trustee | |||
| Jill Foss Watson Living Trust | |||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson | |||
| Title: Trustee | |||
| Jill Foss Watson Irrevocable Trust | |||
| /s/ Todd Watson | |||
| Name: Todd Watson | |||
| Title: Trustee | |||
| Karol A. Foss Irrevocable Grandchildren’s Trust | |||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson | |||
| Title: Trustee | |||
| Jill Foss Watson 2016 Grantor Retained Annuity Trust | |||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson Title: Trustee | |||
| Jill Foss Watson 2014 Children’s Trust FBO Gwyneth | |||
| /s/ Todd Watson | |||
| Name: Todd Watson Title: Trustee | |||
| Jill Foss Watson 2014 Children’s Trust FBO | |||
| /s/ Todd Watson | |||
| Name: Todd Watson Title: Trustee | |||
| The Pathways Foundation | |||
| /s/ Jill Foss Watson | |||
| Name: Jill Foss Watson | |||
| Title: Trustee | |||
| Jill Foss Watson | |||
| /s/ Jill Foss Watson | |||
| Jill Foss Watson, Individually |
