Brett Icahn - Feb 16, 2023 Form 4 Insider Report for DANA INC (DAN)

Role
Director
Signature
/s/ Laura L. Aossey on behalf of Brett M. Icahn
Stock symbol
DAN
Transactions as of
Feb 16, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 03:42 PM
Previous filing
Feb 16, 2023
Next filing
Mar 28, 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 +6.58K $0.00 6.58K Feb 16, 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +159 +2.42% $0.00 6.74K Feb 16, 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 Dividend Equivalent Rights Options Exercise $0 -159 -100% $0.00* 0 Feb 16, 2023 Common Stock, par value $0.01 159 Direct F1
transaction DAN Restricted Stock Units Options Exercise $0 -6.58K -100% $0.00* 0 Feb 16, 2023 Common Stock, par value $0.01 6.58K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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.
F3 Restricted stock units granted vest in full on the first anniversary date of the grant.