SEC Form 4 · accession 0001209191-18-045525
CREDIT ACCEPTANCE CORP · CACC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenda J Flanagan
Director
Period of report
Aug 2, 2018
Accepted (ET)
Aug 6, 2018 · 4:24 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 | Aug 2, 2018 | S | 453 | $427.50 | D | 19,980 | D | |
| Common StockF3,F2 | Aug 2, 2018 | S | 411 | $428.46 | D | 19,569 | D | |
| Common StockF4,F2 | Aug 2, 2018 | S | 508 | $429.32 | D | 19,062 | D | |
| Common StockF5,F2 | Aug 2, 2018 | S | 969 | $430.43 | D | 18,093 | D | |
| Common StockF6,F2 | Aug 2, 2018 | S | 1,167 | $431.06 | D | 16,925 | D | |
| Common StockF2 | Aug 2, 2018 | S | 877 | $432.00 | D | 16,048 | D | |
| Common StockF2 | Aug 2, 2018 | S | 692 | $435.00 | D | 15,356 | D | |
| Common StockF2 | Aug 2, 2018 | S | 923 | $437.00 | D | 14,433 | D | |
| Common StockF1,F7 | Aug 2, 2018 | S | 528 | $427.50 | D | 19,472 | I | By limited partnership |
| Common StockF3,F7 | Aug 2, 2018 | S | 479 | $428.46 | D | 18,993 | I | By limited partnership |
| Common StockF4,F7 | Aug 2, 2018 | S | 592 | $429.32 | D | 18,400 | I | By limited partnership |
| Common StockF5,F7 | Aug 2, 2018 | S | 1,131 | $430.43 | D | 17,269 | I | By limited partnership |
| Common StockF6,F7 | Aug 2, 2018 | S | 1,362 | $431.06 | D | 15,908 | I | By limited partnership |
| Common StockF7 | Aug 2, 2018 | S | 1,023 | $432.00 | D | 14,885 | I | By limited partnership |
| Common StockF7 | Aug 2, 2018 | S | 808 | $435.00 | D | 14,077 | I | By limited partnership |
| Common StockF7 | Aug 2, 2018 | S | 1,077 | $437.00 | D | 13,000 | I | By limited partnership |
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 $427.20 to $427.83, 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 ranges set forth in this footnote (1) and in footnotes (3), (4), (5) and (6) to this Form 4.
- F2Includes 3,200 vested restricted stock units that were granted 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 $428.00 to $428.95, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.00 to $429.99, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $430.00 to $430.99, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $431.00 to $431.445, inclusive.
- F7Shares are owned by GCM GP, LP. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.