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Filing Details

Accession Number:: 0001415889-16-006912
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-08-18 17:57:12
Reporting Period:: 2016-08-16

Filing Date:: 2016-08-18
Accepted Time:: 2016-08-18 17:57:12
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

Transaction Summary

Sold:	41,869 shares	Avg. Price: $204.30	Total Value: $8,553,841.90
Number of Shares After Transactions:	1,329,311 shares

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-08-16	3,389	$202.27	768,607	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	4,955	$203.20	763,652	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	1,186	$204.33	762,466	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	7,288	$205.68	755,178	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	918	$206.74	754,260	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	213	$202.27	65,361	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	312	$203.20	65,049	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	75	$204.33	64,974	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	459	$205.68	64,515	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	58	$206.74	64,457	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	4,398	$202.27	1,347,929	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	6,431	$203.20	1,341,498	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	1,539	$204.33	1,339,959	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	9,457	$205.68	1,330,502	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-08-16	1,191	$206.74	1,329,311	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
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
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	2,146	Indirect	By son
Common Stock	58,154	Indirect	See footnote
Common Stock	58,154	Indirect	See footnote

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.70 to $202.70, 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.
These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $202.76 to $203.73, 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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $203.85 to $204.80, 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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $205.23 to $206.23, 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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $206.25 to $207.12, 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.
These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
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.
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. The total number of shares reflects a distribution of 58,154 shares from the Jill Foss Watson 2014 Grantor Retained Annual Trust to the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson.
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. The total number of shares reflects a distribution of 58,154 shares from the Jill Foss Watson 2014 Grantor Retained Annual Trust to the Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson.