Form 4 for CACC CREDIT ACCEPTANCE CORP
Accepted 2024-02-06 00:00:00 ET · period of report 2024-02-02 · accession 0000885550-24-000022 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-06 | 2024-02-02 | CACC | KERBER ERIN J | CLO | S - Sale+OE | $585.46 | -4,875 | 5,375 | -48% | -$2.85M |
| D | 2024-02-06 | 2024-02-02 | CACC | KERBER ERIN J | CLO | M - OptEx | $333.94 | +4,875 | 7,620 | +178% | +$1.63M |
| D | 2024-02-06 | 2024-02-02 | CACC | KERBER ERIN J | CLO | M - OptEx | $0.00 | -4,875 | 14.6K | -25% | $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 | 2024-02-02 | S | D | 675 | $582.15 | 6,945 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $582.08 to $582.57, 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. |
| 2 | Common | Common Stock | 2024-02-02 | M | A | 4,875 | $333.94 | 7,620 | D | — | — | |
| 3 | Common | Common Stock | 2024-02-02 | S | D | 417 | $588.78 | 2,745 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $588.61 to $589.16, inclusive. |
| 4 | Common | Common Stock | 2024-02-02 | S | D | 657 | $588.13 | 3,162 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.61 to $588.58, inclusive. |
| 5 | Common | Common Stock | 2024-02-02 | S | D | 948 | $586.91 | 3,819 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $586.59 to $587.55, inclusive. |
| 6 | Common | Common Stock | 2024-02-02 | S | D | 608 | $585.57 | 4,767 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $585.55 to $586.46, inclusive. |
| 7 | Common | Common Stock | 2024-02-02 | S | D | 1,570 | $583.97 | 5,375 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $583.77 to $584.65, inclusive. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2024-02-02 | M | D | 4,875 | $0.00 | 14,625 | D | $333.94 · — to 2026-12-30 | 4,875 Common Stock | (F8) The option, initially representing the right to purchase 19,500 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted. |