Douglas H. Liedberg - 09 Feb 2023 Form 4 Insider Report for DANA INC (DAN)

Role
SVP, General Counsel and Secty
Signature
/s/ Laura L. Aossey on behalf of Douglas H. Liedberg
Issuer symbol
DAN
Transactions as of
09 Feb 2023
Net transactions value
-$356,642
Form type
4
Filing time
13 Feb 2023, 18:32:47 UTC
Previous filing
05 Dec 2022
Next filing
16 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 +7,394 +13% $0.000000 62,372 09 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +304 +0.49% $0.000000 62,676 09 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $69,136 -3,725 -5.9% $18.56 58,951 09 Feb 2023 Direct F1
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +33,958 +58% $0.000000 92,909 10 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +2,008 +2.2% $0.000000 94,917 10 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $287,506 -15,946 -17% $18.03 78,971 10 Feb 2023 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 -304 -8.9% $0.000000 3,108 09 Feb 2023 Common Stock, par value $0.01 304 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -7,394 -50% $0.000000 7,395 09 Feb 2023 Common Stock, par value $0.01 7,394 Direct F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -2,008 -65% $0.000000 1,100 10 Feb 2023 Common Stock, par value $0.01 2,008 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -33,958 -100% $0.000000* 0 10 Feb 2023 Common Stock, par value $0.01 33,958 Direct F3, F5
* 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 three (3) equal annual installments beginning on the first anniversary date of the grant.
F5 Restricted stock units granted cliff vest three (3) years from date of grant.