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): May 17, 2012
CREDIT ACCEPTANCE CORPORATION
(Exact name of registrant as specified in its charter)
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Michigan
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000-20202
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38-1999511
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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25505 West Twelve Mile Road
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48034-8339
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Southfield, Michigan
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: 248-353-2700
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Not Applicable
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Former name or former address, if changed since last report
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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))
Item 5.07. Submission of Matters to a Vote of Security Holders.
Credit Acceptance Corporation (“we,” “us” or “our”) held its Annual Meeting of Shareholders on May 17, 2012, at which shareholders:
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1.
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Elected five directors to serve until the 2013 annual meeting;
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2.
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Approved the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan;
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3.
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Approved our executive compensation on an advisory basis; and
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4.
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Ratified the selection of Grant Thornton LLP as our independent registered public accounting firm for 2012.
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Shareholders cast their votes on each of these four proposals as follows:
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1.
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Election of five directors to serve until the 2013 Annual Meeting of Shareholders:
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Director Nominees
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For
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Withheld
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Broker Non Votes
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Donald A. Foss
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21,776,461
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297,006
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2,505,192
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Glenda J. Flanagan
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21,965,874
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107,593
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2,505,192
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Brett A. Roberts
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21,965,093
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108,374
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2,505,192
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Thomas N. Tryforos
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21,835,943
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237,524
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2,505,192
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Scott J. Vassalluzzo
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21,965,642
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107,825
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2,505,192
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2.
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Approval of the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan:
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For
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Against
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Abstain
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Broker Non Votes
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21,914,356
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157,347
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1,764
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2,505,192
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3.
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Advisory vote on our executive compensation:
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For
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Against
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Abstain
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Broker Non Votes
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21,990,488
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80,315
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2,664
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2,505,192
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4.
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Ratification of the selection of Grant Thornton LLP as our independent registered public accounting firm for 2012:
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For
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Against
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Abstain
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Broker Non Votes
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24,552,048
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25,579
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1,032
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-
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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.
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CREDIT ACCEPTANCE CORPORATION
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Date: May 17, 2012
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By:
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/s/ Kenneth S. Booth
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Kenneth S. Booth
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Chief Financial Officer
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