Form 4 for CACC CREDIT ACCEPTANCE CORP
Accepted 2023-04-24 00:00:00 ET · period of report 2023-04-20 · accession 0000885550-23-000046 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-04-24 | 2023-04-20 | CACC | Rostami Andrew K | Chief Mktg, Product Off | S - Sale | $500.00 | -461 | 7,115 | -6% | -$230.5K |
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 | 2023-04-20 | S | D | 461 | $500.00 | 7,115 | D | — | — | (F1) Includes 7,000 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. The original 4,000 restricted stock units granted to Mr. Rostami vest and are being distributed in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the restricted stock units were granted. The remaining 4,000 restricted stock units will vest and be distributed in four equal annual installments beginning on October 31, 2023, which is the first anniversary of the date on which the restricted stock units were granted. |