Form 4 for CACC CREDIT ACCEPTANCE CORP
Accepted 2022-05-06 00:00:00 ET · period of report 2022-05-04 · accession 0000885550-22-000032 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-06 | 2022-05-04 | CACC | BUSK DOUGLAS W | Chief Treasury Off | M - OptEx | $333.94 | +5,000 | 11.4K | +78% | +$1.67M |
| DM | 2022-05-06 | 2022-05-04 | CACC | BUSK DOUGLAS W | Chief Treasury Off | S - Sale+OE | $620.41 | -5,000 | 6,433 | -44% | -$3.10M |
| D | 2022-05-06 | 2022-05-04 | CACC | BUSK DOUGLAS W | Chief Treasury Off | M - OptEx | $0.00 | -5,000 | 41.0K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-04 | M | A | 5,000 | $333.94 | 11,433 | D | — | — | (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 2 | Common | Common Stock | 2022-05-04 | S | D | 677 | $616.31 | 10,756 | D | — | — | (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 3 | Common | Common Stock | 2022-05-04 | S | D | 2,200 | $619.68 | 8,556 | D | — | — | (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 4 | Common | Common Stock | 2022-05-04 | S | D | 1,100 | $621.34 | 7,456 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $621.25 to $622.12, 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 footnotes to this Form 4. (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 5 | Common | Common Stock | 2022-05-04 | S | D | 300 | $622.58 | 7,156 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $622.47 to $622.64, inclusive. (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 6 | Common | Common Stock | 2022-05-04 | S | D | 700 | $624.00 | 6,456 | D | — | — | (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 7 | Common | Common Stock | 2022-05-04 | S | D | 23 | $627.91 | 6,433 | D | — | — | (F1) Includes 6,433 vested restricted stock units that were granted under the Company's Incentive Compensation Plan. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2022-05-04 | M | D | 5,000 | $0.00 | 41,000 | D | $333.94 · — to 2026-12-30 | 5,000 Common Stock | (F4) The option, initially representing a right to purchase 46,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted. |