SEC Form 4 · accession 0001209191-17-030300
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Jones
Officer — President
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 4:12 pm EDT
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 | May 3, 2017 | S | 4,000 | $211.41 | D | 89,265 | D | |
| Common StockF3,F2 | May 3, 2017 | S | 16,019 | $212.10 | D | 73,246 | D | |
| Common StockF4,F2 | May 3, 2017 | S | 7,523 | $212.90 | D | 65,723 | D | |
| Common StockF5,F2 | May 3, 2017 | S | 8,800 | $214.02 | D | 56,923 | D | |
| Common StockF6,F2 | May 3, 2017 | S | 7,002 | $215.61 | D | 49,921 | D | |
| Common StockF7,F2 | May 3, 2017 | S | 21,156 | $216.14 | D | 28,765 | D | |
| Common StockF2 | May 3, 2017 | S | 100 | $217.25 | D | 28,665 | D | |
| Common StockF2 | May 3, 2017 | S | 400 | $218.33 | D | 28,265 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.11 to $211.59, 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 range set forth in the preceding sentence.
- F2Includes 8,290 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.61 to $212.56, 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 range set forth in the preceding sentence.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.64 to $213.60, 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 range set forth in the preceding sentence.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.68 to $214.60, 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 range set forth in the preceding sentence.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.02 to $215.94, 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 range set forth in the preceding sentence.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.98 to $216.95, 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 range set forth in the preceding sentence.