Timothy R. Kraus - 12 Feb 2022 Form 4 Insider Report for DANA INC (DAN)

Role
SVP & Chief Financial Officer
Signature
/s/ Laura L. Aossey on behalf of Timothy R. Kraus
Issuer symbol
DAN
Transactions as of
12 Feb 2022
Transactions value $
-$96,069
Form type
4
Date filed
15 Feb 2022, 16:39
Previous filing
11 Feb 2022
Next filing
17 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 +9.93K +543.76% $0.00 11.8K 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +593 +5.04% $0.00 12.3K 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$96.1K -4.6K -37.26% $20.88 7.75K 12 Feb 2022 Direct F1

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 -593 -56.1% $0.00 464 12 Feb 2022 Common Stock, par value $0.01 593 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -9.93K -100% $0.00* 0 12 Feb 2022 Common Stock, par value $0.01 9.93K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
F2 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.
F3 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.
F4 Restricted stock units granted cliff vest three (3) years from date of grant.