SEC Form 4 · accession 0001209191-18-006201
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenda J Flanagan
Director
Period of report
Jan 29, 2018
Accepted (ET)
Jan 31, 2018 · 4:20 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 29, 2018 | A | 800 | $0.00 | A | 20,433 | D | |
| Common StockF3 | holding | — | — | — | 20,000 | I | By limited partnership |
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 Ms. Flanagan on February 22, 2021.
- F2Includes 3,200 restricted stock units that have vested under the Company's Incentive Compensation Plan.
- F3Shares are owned by GCM Partners, LP. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.