Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:
*The remainder of this cover page shall
be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder
of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
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Schedule 13G
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Page 2 of 11
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CUSIP No. 225310 10 1
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1.
|
Names of Reporting Persons.
|
I.R.S. Identification
Nos. of above persons (entities only).
The Donald A.
Foss 2009 Remainder Trust
|
|
2.
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
|
4.
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Citizenship or Place of Organization: Michigan
|
|
Number of
|
5.
|
Sole Voting Power: 0
|
|
Beneficially
|
6.
|
Shared Voting Power: 978,823
|
|
Each
|
7.
|
Sole Dispositive Power: 978,823
|
|
Person
With:
|
8.
|
Shared Dispositive Power: 0
|
|
|
|
|
|
|
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person: 978,823
|
|
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
|
|
11.
|
Percent of Class Represented by Amount in Row (9): 5.4%*
|
|
|
12.
|
Type of Reporting Persons (See Instructions): IN
|
|
|
|
|
*The percentage is calculated based upon
total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed on February
11, 2020.
|
Schedule 13G
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Page 3 of 11
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CUSIP No. 225310 10 1
|
|
1.
|
Names of Reporting Persons.
|
I.R.S. Identification
Nos. of above persons (entities only).
The Donald A. Foss 2010 Remainder Trust
|
|
2.
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
|
4.
|
Citizenship or Place of Organization: Michigan
|
|
Number of
|
5.
|
Sole Voting Power: 0
|
|
Beneficially
|
6.
|
Shared Voting Power: 675,821
|
|
Each
|
7.
|
Sole Dispositive Power: 675,821
|
|
Person
With:
|
8.
|
Shared Dispositive Power: 0
|
|
|
|
|
|
|
9.
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Aggregate Amount Beneficially Owned by Each Reporting Person: 675,821
|
|
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
|
|
11.
|
Percent of Class Represented by Amount in Row (9): 3.7%*
|
|
|
12.
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Type of Reporting Persons (See Instructions): IN
|
|
|
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|
*The percentage is calculated based upon
total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed on February
11, 2020.
|
Schedule 13G
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Page 4 of 11
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CUSIP No. 225310 10 1
|
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1.
|
Names of Reporting Persons.
|
I.R.S. Identification
Nos. of above persons (entities only).
The Donald
A. Foss 2010 Remainder Trust #2
|
|
2.
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
|
4.
|
Citizenship or Place of Organization: Michigan
|
|
Number of
|
5.
|
Sole Voting Power: 12,826
|
|
Beneficially
|
6.
|
Shared Voting Power: 0
|
|
Each
|
7.
|
Sole Dispositive Power: 12,826
|
|
Person
With:
|
8.
|
Shared Dispositive Power: 0
|
|
|
|
|
|
|
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person: 12,826
|
|
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
|
|
11.
|
Percent of Class Represented by Amount in Row (9): 0.1%*
|
|
|
12.
|
Type of Reporting Persons (See Instructions): IN
|
|
|
|
|
*The percentage is calculated based upon
total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed on February
11, 2020.
|
Schedule 13G
|
|
Page 5 of 11
|
CUSIP No. 225310 10 1
|
|
1.
|
Names of Reporting Persons.
|
I.R.S. Identification
Nos. of above persons (entities only).
The Donald A. Foss 2011 Remainder Trust FBO Robert S. Foss and
Descendants
|
|
2.
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
|
4.
|
Citizenship or Place of Organization: Michigan
|
|
Number of
|
5.
|
Sole Voting Power: 163,879
|
|
Beneficially
|
6.
|
Shared Voting Power: 0
|
|
Each
|
7.
|
Sole Dispositive Power: 163,879
|
|
Person
With:
|
8.
|
Shared Dispositive Power: 0
|
|
|
|
|
|
|
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person: 163,879
|
|
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
|
|
11.
|
Percent of Class Represented by Amount in Row (9): 0.9%*
|
|
|
12.
|
Type of Reporting Persons (See Instructions): IN
|
|
|
|
|
*The percentage is calculated based upon
total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed on February
11, 2020.
|
Schedule 13G
|
|
Page 6 of 11
|
CUSIP No. 225310 10 1
|
|
1.
|
Names of Reporting Persons.
|
I.R.S. Identification
Nos. of above persons (entities only).
Allan V. Apple
|
|
2.
|
Check the Appropriate Box if a Member of a Group (See
Instructions)
|
|
|
4.
|
Citizenship or Place of Organization: United States of America
|
|
Number of
|
5.
|
Sole Voting Power: 176,705
|
|
Beneficially
|
6.
|
Shared Voting Power: 1,654,644
|
|
Each
|
7.
|
Sole Dispositive Power: 1,831,349
|
|
Person
With:
|
8.
|
Shared Dispositive Power: 0
|
|
|
|
|
|
|
9.
|
Aggregate Amount Beneficially Owned by Each Reporting Person: 1,831,349*
|
|
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
|
|
11.
|
Percent of Class Represented by Amount in Row (9): 10.1%**
|
|
|
12.
|
Type of Reporting Persons (See Instructions): IN
|
|
|
|
|
*Mr.
Apple is the trustee of The Donald A. Foss 2009 Remainder Trust, The Donald A. Foss 2010 Remainder Trust, The Donald A. Foss 2010
Remainder Trust #2, and The Donald A. Foss 2011 Remainder Trust FBO Robert S. Foss and Descendants. Mr. Apple disclaims beneficial
ownership of the 1,831,349 of these shares owned by such trusts.
**The percentage is calculated
based upon total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed
on February 11, 2020.
|
Schedule 13G
|
|
Page 7 of 11
|
|
|
Item 1. (a)
|
Name of Issuer: Credit Acceptance Corporation
|
|
|
Item 1. (b)
|
Address of Issuer's Principal Executive Offices: 25505 West Twelve Mile Road, Southfield, MI 48034-8339
|
|
|
Item 2. (a)
|
Name of Person Filing:
|
The Donald A. Foss 2009 Remainder Trust
The Donald A. Foss 2010 Remainder Trust
The Donald A. Foss 2010 Remainder Trust
#2
The Donald A. Foss 2011 Remainder Trust
FBO Robert S. Foss and Descendants
Allan V. Apple
(Each a “Reporting Person,”
and collectively, the “Reporting Persons.”) See Exhibit A.
|
|
Item 2. (b)
|
Address of Principal Business Office or, if none, Residence:
|
29777 Telegraph
Road, Suite 2611, Southfield, MI 48034
The Donald A. Foss 2009 Remainder Trust:
Michigan
The Donald A. Foss 2010 Remainder Trust:
Michigan
The Donald A. Foss 2010 Remainder Trust
#2: Michigan
The Donald A. Foss 2011 Remainder Trust
FBO Robert S. Foss and Descendants: Michigan
Allan V. Apple:
United States of America
|
|
Item 2. (d)
|
Title of Class of Securities: Common Stock
|
|
|
Item 2. (e)
|
CUSIP Number: 225310 10 1
|
|
|
Item 3.
|
If this statement is filed pursuant to §§240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable
|
|
Schedule 13G
|
|
Page 8 of 11
|
|
Reporting Person
|
|
Amount Beneficially Owned
|
|
|
Percent
of Class
|
|
|
Sole Power to Vote or to Direct the Vote
|
|
|
Shared Power to Vote or to Direct the Vote
|
|
|
Sole Power to Dispose or to Direct the Disposition of
|
|
|
Shared Power to Dispose or to Direct the Disposition of
|
|
|
The Donald A. Foss 2009 Remainder Trust
|
|
|
978,823
|
*
|
|
|
5.4
|
%**
|
|
|
-
|
|
|
|
978,823
|
|
|
|
978,823
|
|
|
|
-
|
|
|
The Donald A. Foss 2010 Remainder Trust
|
|
|
675,821
|
*
|
|
|
3.7
|
%**
|
|
|
-
|
|
|
|
675,821
|
|
|
|
675,821
|
|
|
|
-
|
|
|
The Donald A. Foss 2010 Remainder Trust #2
|
|
|
12,826
|
*
|
|
|
0.1
|
%**
|
|
|
12,826
|
|
|
|
-
|
|
|
|
12,826
|
|
|
|
-
|
|
|
The Donald A. Foss 2011 Remainder Trust FBO Robert S. Foss and Descendants
|
|
|
163,879
|
*
|
|
|
0.9
|
%**
|
|
|
163,879
|
|
|
|
-
|
|
|
|
163,879
|
|
|
|
-
|
|
|
Allan V. Apple Total
|
|
|
1,831,349
|
*
|
|
|
10.1
|
%**
|
|
|
176,705
|
|
|
|
1,654,644
|
|
|
|
1,831,349
|
|
|
|
-
|
|
* Mr. Apple is the trustee of The Donald A.
Foss 2009 Remainder Trust, The Donald A. Foss 2010 Remainder Trust, The Donald A. Foss 2010 Remainder Trust #2, and The Donald
A. Foss 2011 Remainder Trust FBO Robert S. Foss and Descendants. Mr. Apple disclaims beneficial ownership of the 1,831,349 of these
shares owned by such trusts.
**The percentage is calculated based upon
total outstanding shares of 18,151,092, as of February 4, 2020, as set forth in the Issuer’s Form 10-K, filed on February
11, 2020.
|
|
Item 5.
|
Ownership of Five Percent or Less of a Class
|
Not applicable.
|
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another
Person
|
Not applicable.
|
|
Item 7.
|
Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
|
Not applicable.
|
|
Item 8.
|
Identification and Classification of Members of the
Group
|
Not applicable.
|
Schedule 13G
|
|
Page 9 of 11
|
|
|
Item 9.
|
Notice of Dissolution of Group
|
Not applicable.
Not applicable.
|
Schedule 13G
|
|
Page 10 of 11
|
SIGNATURE
After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
|
Date: February 14, 2020
|
The Donald A. Foss 2009 Remainder Trust
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2010 Remainder Trust
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2010 Remainder Trust #2
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2011 Remainder Trust FBO Robert S. Foss and Descendants
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
Schedule 13G
|
|
Page 11 of 11
|
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with
Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint
filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each
of them a statement on Schedule 13G (including amendments thereto, if any) with respect to the shares of common stock of Credit
Acceptance Corporation, a Michigan corporation, and that this Agreement may be included as an Exhibit to such joint filing. Each
of the undersigned agrees to be responsible for the timely filing of the Schedule 13G, and for the completeness and accuracy
of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which
taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF,
the undersigned hereby execute this Agreement as of the date listed below.
|
|
Date: February 14, 2020
|
The Donald A. Foss 2009 Remainder Trust
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2010 Remainder Trust
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2010 Remainder Trust #2
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
The Donald A. Foss 2011 Remainder Trust FBO Robert S. Foss and Descendants
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|
|
|
|
Title: Trustee
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
/s/ Allan V. Apple
|
|
|
|
|
Name: Allan V. Apple
|
|