SEC Form 4 · accession 0001209191-15-008017
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur L Smith
Officer — Chief Analytics Officer
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 6:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885550
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 28, 2015 | A | 2,000 | $0.00 | A | 21,500 | D | |
| Common StockF3,F4 | Jan 28, 2015 | A | 500 | $0.00 | A | 22,000 | D | |
| Common StockF5 | Jan 28, 2015 | F | 94 | $0.00 | D | 21,906 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting of performance-based restricted stock units 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. Shares will be distributed to Mr. Smith on January 29, 2019.
- F2Includes 21,500 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F3Represents the vesting of performance-based restricted stock units 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. Shares will be distributed to Mr. Smith on February 22, 2017.
- F4Includes 22,000 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F5Includes 21,906 restricted stock units that have vested under the Company's Incentive Compensation Plan.