Jeroen Decleer - 06 Sep 2023 Form 4 Insider Report for DANA INC (DAN)

Signature
/s/ Laura L. Aossey on behalf of Jeroen Decleer
Issuer symbol
DAN
Transactions as of
06 Sep 2023
Net transactions value
$0
Form type
4
Filing time
08 Sep 2023, 16:24:30 UTC
Previous filing
08 Sep 2023
Next filing
05 Dec 2023

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 +10,000 $0.000000 10,000 06 Sep 2023 Common Stock, par value $0.01 10,000 Direct F1, 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.