SEC Form 4 · accession 0001415889-17-000919

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

May 31, 2017

Accepted (ET)

Jun 2, 2017 · 5:47 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	May 31, 2017	S	2,354	$215.27	D	356,543	I	See footnote
Common Stock^F1,F3	May 31, 2017	S	202	$215.27	D	31,205	I	See footnote
Common Stock^F1,F4	May 31, 2017	S	2,621	$215.27	D	720,987	I	See footnote
Common Stock^F1,F5	May 31, 2017	S	819	$215.27	D	123,215	I	See footnote
Common Stock^F1,F6	May 31, 2017	S	286	$215.27	D	43,706	I	See footnote
Common Stock^F1,F7	May 31, 2017	S	286	$215.27	D	43,706	I	See footnote
Common Stock^F2	May 31, 2017	S	3	$216.01	D	356,540	I	See footnote
Common Stock^F3	May 31, 2017	S	1	$216.01	D	31,204	I	See footnote
Common Stock^F4	May 31, 2017	S	3	$216.01	D	720,984	I	See footnote
Common Stock^F5	May 31, 2017	S	1	$216.01	D	123,214	I	See footnote
Common Stock^F6	May 31, 2017	S	1	$216.01	D	43,705	I	See footnote
Common Stock^F7	May 31, 2017	S	1	$216.01	D	43,705	I	See footnote
Common Stock^F8	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 sold in multiple transactions at prices ranging from $215.00 to $215.87, 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.
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 Duncan Todd 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 Gwyneth Ellen 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.