KERBER ERIN J 4
4 · CREDIT ACCEPTANCE CORP · Filed Feb 6, 2024
Insider Transaction Report
Form 4
KERBER ERIN J
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-02$333.94/sh+4,875$1,627,958→ 7,620 total - Sale
Common Stock
2024-02-02$583.97/sh−1,570$916,833→ 5,375 total - Sale
Common Stock
2024-02-02$586.91/sh−948$556,391→ 3,819 total - Sale
Common Stock
2024-02-02$588.13/sh−657$386,401→ 3,162 total - Sale
Common Stock
2024-02-02$582.15/sh−675$392,951→ 6,945 total - Sale
Common Stock
2024-02-02$585.57/sh−608$356,027→ 4,767 total - Sale
Common Stock
2024-02-02$588.78/sh−417$245,521→ 2,745 total - Exercise/Conversion
Employee Stock Option (right to buy)
2024-02-02−4,875→ 14,625 totalExercise: $333.94Exp: 2026-12-30→ Common Stock (4,875 underlying)
Holdings
- 15,500
Employee Stock Option (right to buy)
Exercise: $454.11Exp: 2027-06-28→ Common Stock (15,500 underlying) - 219(indirect: By Trust)
Common Stock
Footnotes (9)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $582.08 to $582.57, 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 footnotes to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $583.77 to $584.65, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $585.55 to $586.46, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $586.59 to $587.55, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.61 to $588.58, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $588.61 to $589.16, inclusive.
- [F7]Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of February 2, 2024, according to the Plan trustee.
- [F8]The option, initially representing the right to purchase 19,500 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
- [F9]The option, initially representing the right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which was the first anniversary of the date on which the option was granted.