Antonio Valencia - 09 Feb 2022 Form 4 Insider Report for DANA INC (DAN)

Role
Pres. Power Technologies Group
Signature
/s/ Laura L. Aossey on behalf of Antonio Valencia
Issuer symbol
DAN
Transactions as of
09 Feb 2022
Net transactions value
-$140,260
Form type
4
Filing time
11 Feb 2022, 16:56:36 UTC
Previous filing
30 Nov 2021
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +6,042 $0.000000 6,042 09 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +99 +1.6% $0.000000 6,141 09 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer $140,260 -6,141 -100% $22.84 0 09 Feb 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DAN Dividend Equivalent Rights Options Exercise $0 -99 -7.3% $0.000000 1,256 09 Feb 2022 Common Stock, par value $0.01 99 Direct F1
transaction DAN Restricted Stock Units Options Exercise $0 -6,042 -34% $0.000000 11,731 09 Feb 2022 Common Stock, par value $0.01 6,042 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested.. Dividend equivalent rights will be cash settled
F2 Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights. Restricted stock units for Reporting Person will be cash settled.
F3 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.