SEC Form 4 · accession 0001209191-16-101915
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S. Soave
Officer — Chief Information Officer
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:21 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 | Feb 22, 2016 | F | 5,743 | $194.79 | D | 19,868 | D | |
| Common StockF3 | holding | — | — | — | 2,839 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 169 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld to satisfy tax withholding obligations in conjunction with the conversion of vested restricted stock units to common stock.
- F2Includes 5,100 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F3Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of February 22, 2016, according to the Plan trustee.