Jeroen Decleer - Feb 13, 2024 Form 4 Insider Report for DANA INC (DAN)

Role
SVP & Pres Off-Highway Drive
Signature
/s/ Laura L. Aossey on behalf of Jeroen Decleer
Stock symbol
DAN
Transactions as of
Feb 13, 2024
Transactions value $
-$41,572
Form type
4
Date filed
2/15/2024, 06:00 PM
Previous filing
Feb 13, 2024
Next filing
Feb 20, 2024

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 +3.03K $0.00 3.03K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +82 +2.7% $0.00 3.11K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer -$41.6K -3.11K -100% $13.35 0 Feb 14, 2024 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 +34.7K $0.00 34.7K Feb 13, 2024 Common Stock, par value $0.01 34.7K Direct F1, F2, F3
transaction DAN Dividend Equivalent Rights Options Exercise $0 -82 -14.75% $0.00 474 Feb 14, 2024 Common Stock, par value $0.01 82 Direct F4
transaction DAN Restricted Stock Units Options Exercise $0 -3.03K -34.01% $0.00 5.88K Feb 14, 2024 Common Stock, par value $0.01 3.03K 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.