Antonio Valencia - 12 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
12 Feb 2022
Net transactions value
-$197,796
Form type
4
Filing time
15 Feb 2022, 16:39:46 UTC
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 +8,939 $0.000000 8,939 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +534 +6% $0.000000 9,473 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer $197,796 -9,473 -100% $20.88 0 12 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 -534 -43% $0.000000 722 12 Feb 2022 Common Stock, par value $0.01 534 Direct F1
transaction DAN Restricted Stock Units Options Exercise $0 -8,939 -100% $0.000000* 0 12 Feb 2022 Common Stock, par value $0.01 8,939 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 cliff vest three (3) years from date of grant.