SEC Form 4 · accession 0001415889-17-002008
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 26, 2017
Accepted (ET)
Dec 28, 2017 · 6:45 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 | Dec 26, 2017 | S | 4,984 | $325.56 | D | 486,700 | I | See footnote |
| Common StockF1,F3 | Dec 26, 2017 | S | 3,465 | $325.56 | D | 38,259 | I | See footnote |
| Common StockF4,F2 | Dec 26, 2017 | S | 5,135 | $326.41 | D | 481,565 | I | See footnote |
| Common StockF4,F3 | Dec 26, 2017 | S | 3,570 | $326.41 | D | 34,689 | I | See footnote |
| Common StockF5,F2 | Dec 26, 2017 | S | 561 | $327.28 | D | 481,004 | I | See footnote |
| Common StockF5,F3 | Dec 26, 2017 | S | 391 | $327.28 | D | 34,298 | I | See footnote |
| Common StockF6,F2 | Dec 27, 2017 | S | 4,639 | $325.51 | D | 476,365 | I | See footnote |
| Common StockF6,F3 | Dec 27, 2017 | S | 2,515 | $325.51 | D | 31,783 | I | See footnote |
| Common StockF7,F2 | Dec 27, 2017 | S | 3,827 | $326.73 | D | 472,538 | I | See footnote |
| Common StockF7,F3 | Dec 27, 2017 | S | 2,075 | $326.73 | D | 29,708 | I | See footnote |
| Common StockF8,F2 | Dec 27, 2017 | S | 1,682 | $327.52 | D | 470,856 | I | See footnote |
| Common StockF8,F3 | Dec 27, 2017 | S | 911 | $327.52 | D | 28,797 | I | See footnote |
| Common StockF9,F3 | Dec 28, 2017 | S | 1,363 | $325.21 | D | 27,434 | I | See footnote |
| Common StockF10,F3 | Dec 28, 2017 | S | 200 | $326.18 | D | 27,234 | I | See footnote |
| Common StockF11 | holding | — | — | — | 210,693 | I | See footnote | |
| Common StockF12 | holding | — | — | — | 27,846 | I | See footnote | |
| Common StockF13 | holding | — | — | — | 32,366 | I | See footnote | |
| Common StockF14 | holding | — | — | — | 32,366 | I | See footnote | |
| Common StockF15 | 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 $325.00 to $326.00, 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.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.10 to $326.25, 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.
- F11These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.
- F12These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
- F13These 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.
- F14These 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.
- F15The 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.
- F2These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
- F3These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.01 to $327.01, 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.02 to $327.64, 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.24 to $326.17, 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.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.26 to $327.20, 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.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.28 to $327.98, 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.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.00 to $325.84, 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.