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 | -111 | -16.64% | $0.00 | 556 | Feb 9, 2024 | Common Stock, par value $0.01 | 111 | Direct | F1 | |
transaction | DAN | Restricted Stock Units | Options Exercise | $0 | -1.55K | -100% | $0.00* | 0 | Feb 9, 2024 | Common Stock, par value $0.01 | 1.55K | Direct | F2, F3 |
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.. Dividend equivalent rights will be cash settled |
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. |