Douglas H. Liedberg - 14 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
14 Feb 2023
Net transactions value
-$102,650
Form type
4
Filing time
16 Feb 2023, 16:49:48 UTC
Previous filing
13 Feb 2023
Next filing
28 Mar 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 +8,682 +11% $0.000000 87,653 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +3,345 +3.8% $0.000000 90,998 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +290 +0.32% $0.000000 91,288 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $102,650 -5,463 -6% $18.79 85,825 15 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 Restricted Stock Units Award $0 +32,362 $0.000000 32,362 14 Feb 2023 Common Stock, par value $0.01 32,362 Direct F2, F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -290 -26% $0.000000 810 15 Feb 2023 Common Stock, par value $0.01 290 Direct F5
transaction DAN Restricted Stock Units Options Exercise $0 -3,345 -10% $0.000000 28,880 15 Feb 2023 Common Stock, par value $0.01 3,345 Direct F3, F6
transaction DAN Restricted Stock Units Options Exercise $0 -8,682 -30% $0.000000 20,198 15 Feb 2023 Common Stock, par value $0.01 8,682 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 Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
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 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.
F6 Restricted stock units granted vest in two (2) equal annual installments beginning on the first anniversary date of the grant.