4//SEC Filing
Rummler Wendy A 4
Accession 0000885550-24-000131
CIK 0000885550other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:10 PM ET
Size
13.5 KB
Accession
0000885550-24-000131
Insider Transaction Report
Form 4
Rummler Wendy A
Senior VP, Human Resources
Transactions
- Award
Common Stock
2024-12-03+20,772→ 20,772 total - Sale
Common Stock
2023-03-09$430.12/sh−1,834$788,840→ 0 total
Holdings
- 2,704(indirect: By Trust)
Common Stock
- 16,250
Employee Stock Option (right to buy)
Exercise: $333.94Exp: 2026-12-30→ Common Stock (16,250 underlying) - 1,722(indirect: By Trust)
Common Stock
- 10,000
Employee Stock Option (right to buy)
Exercise: $468.67Exp: 2028-10-06→ Common Stock (10,000 underlying) - 1,250
Employee Stock Option (right to buy)
Exercise: $390.39Exp: 2027-04-28→ Common Stock (1,250 underlying)
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.77 to $430.66, 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]These restricted stock units, which vest over a ten-year period, are intended to provide incentive compensation to the reporting person for 2025 through 2034, with no additional equity awards anticipated to be granted to the reporting person prior to the end of the ten-year period except in certain circumstances including significant changes in performance, responsibility, or market conditions.
- [F3]Comprised of 20,772 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation.
- [F4]These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.
- [F5]These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust.
- [F6]The option, initially representing the right to purchase 18,750 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.
- [F7]The option, initially representing the right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which was the first anniversary of the date on which the option was granted.
- [F8]The option, initially representing the right to purchase 1,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.
Documents
Issuer
CREDIT ACCEPTANCE CORP
CIK 0000885550
Entity typeother
Related Parties
1- filerCIK 0001916755
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:10 PM ET
- Size
- 13.5 KB