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Filing Details

Accession Number:: 0000885550-21-000144
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-05 16:14:04
Reporting Period:: 2021-09-07

Accepted Time:: 2021-11-05 16:14:04
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
1777743	Jonathan Lum	25505 West Twelve Mile Road Southfield MI 48034-8334	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-09-07	353	$645.57	0	No	4	I	Indirect	By 401(k) Plan
Common Stock	Disposition	2021-11-03	250	$0.00	12,205	No	5	G	Direct
Common Stock	Disposition	2021-11-03	300	$665.85	11,905	No	4	S	Direct
Common Stock	Disposition	2021-11-03	542	$667.74	11,363	No	4	S	Direct
Common Stock	Disposition	2021-11-03	100	$669.15	11,263	No	4	S	Direct
Common Stock	Disposition	2021-11-03	100	$670.00	11,163	No	4	S	Direct
Common Stock	Disposition	2021-11-03	750	$670.34	10,413	No	4	S	Direct
Common Stock	Disposition	2021-11-03	412	$673.42	10,001	No	4	S	Direct
Common Stock	Disposition	2021-11-03	278	$674.46	9,723	No	4	S	Direct
Common Stock	Disposition	2021-11-03	100	$675.28	9,623	No	4	S	Direct
Common Stock	Disposition	2021-11-03	63	$678.67	9,560	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	I	Indirect	By 401(k) Plan
No	5	G	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (right to buy)	$333.94		2026-12-30	40,000	40,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-12-30	40,000	40,000	Direct

Footnotes

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.