SEC Form 4 · accession 0001415889-16-007561
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
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 5:25 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 StockF2 | Dec 7, 2016 | G | 16,524 | $0.00 | D | 586,446 | I | See footnote |
| Common StockF3 | holding | — | — | — | 54,946 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 1,133,424 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 270,000 | I | See footnote | |
| Common StockF6 | holding | — | — | — | 58,154 | I | See footnote | |
| Common StockF7 | holding | — | — | — | 58,154 | I | See footnote | |
| Common StockF8 | holding | — | — | — | 2,146 | I | By son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bona Fide Gift pursuant to Rule 16b-5; reported voluntarily on Form 4.
- F2These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
- F3These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
- F4These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
- F5These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
- F6These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson.
- F7These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson.
- F8The 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.