Byron S. Foster - Dec 14, 2022 Form 4 Insider Report for DANA INC (DAN)

Role
Pres, Light Veh Drive Systems
Signature
/s/ Laura L. Aossey on behalf of Byron S. Foster
Stock symbol
DAN
Transactions as of
Dec 14, 2022
Transactions value $
-$17,456
Form type
4
Date filed
12/15/2022, 03:29 PM
Previous filing
Dec 5, 2022
Next filing
Mar 9, 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 +3.42K +29.58% $0.00 15K Dec 14, 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +83 +0.55% $0.00 15.1K Dec 14, 2022 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$17.5K -1.06K -7.01% $16.53 14K Dec 14, 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 -83 -6.56% $0.00 1.18K Dec 14, 2022 Common Stock, par value $0.01 83 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -3.42K -50.01% $0.00 3.42K Dec 14, 2022 Common Stock, par value $0.01 3.42K 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 vest in two (2) equal annual installments beginning on the first anniversary date of the grant.