Antonio Valencia - 02 Sep 2022 Form 4 Insider Report for DANA INC (DAN)

Signature
/s/ Laura L. Aossey on behalf of Antonio Valencia
Issuer symbol
DAN
Transactions as of
02 Sep 2022
Net transactions value
$0
Form type
4
Filing time
07 Sep 2022, 16:46:25 UTC
Previous filing
01 Jun 2022
Next filing
05 Dec 2022

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 Award $0 +405 +28% $0.000000 1,837 02 Sep 2022 Common Stock, par value $0.01 405 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on restricted stock units previously granted and become exercisable proportionately with the restricted stock units to which they relate. 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. Restricted stock units for Reporting Person will be cash settled.