Timothy R. Kraus - Dec 1, 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
Stock symbol: DAN
Transactions as of: Dec 1, 2022
Transactions value $: -$33,599
Form type: 4
Date filed: 12/5/2022, 03:39 PM
Previous filing: Sep 7, 2022
Next filing: Feb 13, 2023

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	Dec 1, 2022	Direct
transaction	DAN	Common Stock, par value $0.01	Options Exercise	$0	+79	+0.59%	$0.00	13.5K	Dec 1, 2022	Direct
transaction	DAN	Common Stock, par value $0.01	Tax liability	-$33.4K	-1.91K	-14.14%	$17.51	11.6K	Dec 1, 2022	Direct	F1
transaction	DAN	Common Stock, par value $0.01	Options Exercise	$0	+25	+0.22%	$0.00	11.6K	Dec 2, 2022	Direct
transaction	DAN	Common Stock, par value $0.01	Tax liability	-$190	-11	-0.09%	$17.31	11.6K	Dec 2, 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	Dec 1, 2022	Common Stock, par value $0.01	79		Direct	F2
transaction	DAN	Restricted Stock Units	Options Exercise	$0	-4.3K	-100%	$0.00^*	0	Dec 1, 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	Dec 1, 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	Dec 2, 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	Dec 2, 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.