SEC Form 4 · accession 0001209191-17-006833
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Booth
Officer — Chief Financial Officer
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:51 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 30, 2017 | A | 2,000 | $0.00 | A | 23,540 | D | |
| Common StockF3,F4 | Jan 30, 2017 | F | 93 | $206.45 | D | 23,447 | 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. Booth on January 29, 2019.
- F2Includes 5,906 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F3Shares withheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.
- F4Includes 5,813 restricted stock units that have vested under the Company's Incentive Compensation Plan.