Document




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):  June 8, 2018


CREDIT ACCEPTANCE CORPORATION
(Exact name of registrant as specified in its charter)

Michigan
 
000-20202
 
38-1999511
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 
 
 
 
 
  25505 West Twelve Mile Road
 
 
 
 
Southfield, Michigan
 
 
 
48034-8339
  (Address of principal executive offices)
 
 
 
(Zip Code)


Registrant’s telephone number, including area code:   248-353-2700

 
Not Applicable
 
Former name or former address, if changed since last report


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]





Item 5.07. Submission of Matters to a Vote of Security Holders.

On June 8, 2018, Credit Acceptance held its Annual Meeting of Shareholders at which shareholders:

1.
Elected four directors to serve until the 2019 annual meeting;
2.
Approved named executive officer compensation on an advisory basis; and
3.
Ratified the selection of Grant Thornton LLP as our independent registered public accounting firm for 2018.

Shareholders cast their votes on each of these three proposals as follows:

1.
Election of four directors to serve until the 2019 Annual Meeting of Shareholders:

Director Nominees
 
For
 
Withheld
 
Broker Non Votes
 
 Glenda J. Flanagan
 
11,955,687
 
121,854
 
4,979,504
 
 Brett A. Roberts
 
11,297,394
 
780,147
 
4,979,504
 
 Thomas N. Tryforos
 
11,843,392
 
234,149
 
4,979,504
 
 Scott J. Vassalluzzo
 
11,966,676
 
110,865
 
4,979,504
 

2.
Approval of the advisory vote on named executive officer compensation:

For
 
Against
 
Abstain
 
Broker Non Votes
 
11,307,209
 
767,822
 
2,510
 
4,979,504
 



3.
Ratification of the selection of Grant Thornton LLP as our independent registered public accounting firm for 2018:

For
 
Against
 
Abstain
 
Broker Non Votes
 
16,979,851
 
76,644
 
550
 
-
 












SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
CREDIT ACCEPTANCE CORPORATION
 
 
 
 
 
Date: June 8, 2018
By:
/s/ Kenneth S. Booth
 
 
 
Kenneth S. Booth
 
 
 
Chief Financial Officer