Timothy R. Kraus - 01 Dec 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
01 Dec 2022
Transactions value $
-$33,599
Form type
4
Filing time
05 Dec 2022, 15:39:35
Previous filing
07 Sep 2022
Next filing
13 Feb 2023
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 +4.3K +47.15% $0.00 13.4K 01 Dec 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +79 +0.59% $0.00 13.5K 01 Dec 2022 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$33.4K -1.91K -14.14% $17.51 11.6K 01 Dec 2022 Direct F1
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +25 +0.22% $0.00 11.6K 02 Dec 2022 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$190 -11 -0.09% $17.31 11.6K 02 Dec 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 -79 -5.34% $0.00 1.4K 01 Dec 2022 Common Stock, par value $0.01 79 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -4.3K -100% $0.00* 0 01 Dec 2022 Common Stock, par value $0.01 4.3K Direct F3, F4
transaction DAN Restricted Stock Units Award $0 +5.71K $0.00 5.71K 01 Dec 2022 Common Stock, par value $0.01 5.71K Direct F3, F5
transaction DAN Dividend Equivalent Rights Award $0 +319 +22.79% $0.00 1.72K 02 Dec 2022 Common Stock, par value $0.01 319 Direct F6
transaction DAN Dividend Equivalent Rights Options Exercise $0 -25 -1.45% $0.00 1.69K 02 Dec 2022 Common Stock, par value $0.01 25 Direct F2
* 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 vest in full on December 1, 2022
F5 Restricted stock units granted vest in full on December 1, 2023.
F6 Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.