Aziz S. Aghili - 01 Nov 2023 Form 4 Insider Report for DANA INC (DAN)

Role
EVP &Pres Off-Hwy Technologies
Signature
/s/ Laura L. Aossey on behalf of Aziz Aghili
Issuer symbol
DAN
Transactions as of
01 Nov 2023
Net transactions value
-$22,506
Form type
4
Filing time
03 Nov 2023, 16:33:42 UTC
Previous filing
05 Sep 2023
Next filing
21 Nov 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 +5,000 +33% $0.000000 19,975 01 Nov 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +252 +1.3% $0.000000 20,227 01 Nov 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $22,506 -1,997 -9.9% $11.27 18,230 01 Nov 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 -252 -8.7% $0.000000 2,642 01 Nov 2023 Common Stock, par value $0.01 252 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -5,000 -100% $0.000000* 0 01 Nov 2023 Common Stock, par value $0.01 5,000 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 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 two (2) equal annual installments beginning on the first anniversary date of the grant.