SEC Form 4 · accession 0001209191-17-006837
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett A Roberts
Officer — Chief Executive Officer · Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:53 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 | 53,005 | $0.00 | A | 365,058 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 41,079 performance-based restricted stock units and 11,926 shares of restricted stock that will vest based on the Company's performance for the year ended December 31, 2016. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation.
- F2Includes 109,963 vested restricted stock units, 41,079 unvested restricted stock units and 11,926 unvested shares of restricted stock that were granted under the Company's Incentive Compensation Plan.