SEC Form 4 · accession 0001568982-16-000001
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
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 11:58 am 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 | Apr 22, 2016 | S | 9,000 | $203.3102 | D | 273,109 | I | See footnote |
| Common StockF2 | Apr 22, 2016 | S | 1,912 | $198.00 | D | 271,197 | I | See footnote |
| Common StockF3 | Apr 25, 2016 | S | 2,973 | $198.0341 | D | 268,224 | I | See footnote |
| Common StockF4 | Apr 26, 2016 | S | 1,115 | $199.36 | D | 267,109 | I | See footnote |
| Common StockF5 | holding | — | — | — | 659,929 | I | See footnote | |
| Common StockF6 | holding | — | — | — | 1,402,599 | I | See footnote | |
| Common StockF7 | holding | — | — | — | 68,011 | I | See footnote | |
| Common StockF8 | holding | — | — | — | 270,000 | I | See footnote | |
| Common StockF9 | holding | — | — | — | 2,146 | I | By son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust. The total number of shares further reflects a transfer of 117,891 shares from the Jill Foss Watson 2014 Grantor Retained Annuity Trust to the Jill Foss Watson Living Trust.
- F2These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust.
- F3These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust.
- F4These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2014 Grantor Retained Annuity Trust.
- F5These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust. The total number of shares reflects a transfer of 270,000 shares from the Jill Foss Watson Living Trust to the Jill Foss Watson 2016 Grantor Retained Annual Trust, as well as a transfer of 117,891 shares from the Jill Foss Watson 2014 Grantor Retained Annual Trust to the Jill Foss Watson Living Trust.
- F6These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust.
- F7These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
- F8These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson 2016 Grantor Retained Annuity Trust. The total reflects a transfer of 270,000 shares from the Jill Foss Watson Living Trust to the Jill Foss Watson 2016 Grantor Retained Annuity Trust.
- F9The 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.