SEC Form 4 · accession 0001415889-16-006810

CREDIT ACCEPTANCE CORP · CACC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Jill Foss Watson

10% Owner

Period of report

Aug 10, 2016

Accepted (ET)

Aug 12, 2016 · 7:31 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 Stock^F1,F2	Aug 10, 2016	S	5,563	$200.70	D	654,366	I	See footnote
Common Stock^F3,F4	Aug 10, 2016	S	1,970	$201.47	D	652,396	I	See footnote
Common Stock^F5	Aug 10, 2016	S	42	$202.20	D	652,354	I	See footnote
Common Stock^F6,F7	Aug 10, 2016	S	351	$200.70	D	67,660	I	See footnote
Common Stock^F8,F9	Aug 10, 2016	S	124	$201.47	D	67,536	I	See footnote
Common Stock^F10	Aug 10, 2016	S	3	$202.20	D	67,533	I	See footnote
Common Stock^F11,F12	Aug 10, 2016	S	7,217	$200.70	D	1,395,382	I	See footnote
Common Stock^F13,F14	Aug 10, 2016	S	2,556	$201.47	D	1,392,826	I	See footnote
Common Stock^F15	Aug 10, 2016	S	55	$202.20	D	1,392,771	I	See footnote
Common Stock^F16,F17	Aug 11, 2016	S	8,860	$200.58	D	643,494	I	See footnote
Common Stock^F18,F19	Aug 11, 2016	S	1,122	$201.27	D	642,372	I	See footnote
Common Stock^F20,F21	Aug 11, 2016	S	557	$200.58	D	66,976	I	See footnote
Common Stock^F22,F23	Aug 11, 2016	S	71	$201.27	D	66,905	I	See footnote
Common Stock^F24,F25	Aug 11, 2016	S	11,500	$200.58	D	1,381,271	I	See footnote
Common Stock^F26,F27	Aug 11, 2016	S	1,456	$201.27	D	1,379,815	I	See footnote
Common Stock^F28,F29	Aug 12, 2016	S	2,880	$200.04	D	639,492	I	See footnote
Common Stock^F30,F31	Aug 12, 2016	S	180	$200.04	D	66,725	I	See footnote
Common Stock^F32,F33	Aug 12, 2016	S	3,740	$200.04	D	1,376,075	I	See footnote
Common Stock^F34	holding	—	—		—	267,109	I	See footnote
Common Stock^F35	holding	—	—		—	270,000	I	See footnote
Common Stock^F36	holding	—	—		—	2,146	I	By son

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 purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F10These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F11The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F12These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F13The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.03 to $202.00, 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 the preceding sentence.
F14These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F15These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F16The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F17These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F18The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.05 to $201.69, 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 the preceding sentence.
F19These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F2These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F20The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F21These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F22The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.05 to $201.69, 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 the preceding sentence.
F23These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F24The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F25These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F26The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.05 to $201.69, 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 the preceding sentence.
F27These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F28The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $200.30, 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 the preceding sentence.
F29These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.03 to $202.00, 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 the preceding sentence.
F30The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $200.30, 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 the preceding sentence.
F31These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F32The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $200.30, 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 the preceding sentence.
F33These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
F34These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust.
F35These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
F36The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F4These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F5These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
F6The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $200.00 to $201.00, 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 the preceding sentence.
F7These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
F8The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $201.03 to $202.00, 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 the preceding sentence.
F9These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.