Antonio Valencia - 14 Feb 2023 Form 4 Insider Report for DANA INC (DAN)

Role
Pres. Power Technologies Group
Signature
/s/ Laura L. Aossey on behalf of Antonio Valencia
Issuer symbol
DAN
Transactions as of
14 Feb 2023
Net transactions value
-$228,656
Form type
4
Filing time
16 Feb 2023, 16:49:51 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 +8,538 $0.000000 8,538 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +3,345 +39% $0.000000 11,883 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +286 +2.4% $0.000000 12,169 15 Feb 2023 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer $228,656 -12,169 -100% $18.79 0 15 Feb 2023 Direct

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 +31,456 $0.000000 31,456 14 Feb 2023 Common Stock, par value $0.01 31,456 Direct F1, F2, F3
transaction DAN Dividend Equivalent Rights Options Exercise $0 -286 -28% $0.000000 739 15 Feb 2023 Common Stock, par value $0.01 286 Direct F4
transaction DAN Restricted Stock Units Options Exercise $0 -3,345 -11% $0.000000 28,454 15 Feb 2023 Common Stock, par value $0.01 3,345 Direct F2, F5
transaction DAN Restricted Stock Units Options Exercise $0 -8,538 -30% $0.000000 19,916 15 Feb 2023 Common Stock, par value $0.01 8,538 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
F2 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. Restricted stock units for Reporting Person will be cash settled.
F3 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
F4 The dividend equivalent rights accrued on restricted stock units previously granted and become exercisable proportionately with the restricted stock units to which they relate. 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. Restricted stock units for Reporting Person will be cash settled.
F5 Restricted stock units granted vest in two (2) equal annual installments beginning on the first anniversary date of the grant.