James Kevin Kamsickas - 13 Feb 2024 Form 4 Insider Report for DANA INC (DAN)

Signature
/s/ Laura L. Aossey on behalf of James K. Kamsickas
Issuer symbol
DAN
Transactions as of
13 Feb 2024
Net transactions value
+$216,148
Form type
4
Filing time
15 Feb 2024, 18:00:57 UTC
Previous filing
13 Feb 2024
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAN Common Stock, par value $0.01 Award $1,326,111 +100,311 +17% $13.22 682,730 13 Feb 2024 Direct F1
transaction DAN Common Stock, par value $0.01 Tax liability $590,128 -44,639 -6.5% $13.22 638,091 13 Feb 2024 Direct F2
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +85,110 +13% $0.000000 723,201 14 Feb 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +2,393 +0.33% $0.000000 725,594 14 Feb 2024 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $519,836 -38,939 -5.4% $13.35 686,655 14 Feb 2024 Direct F3

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 +378,129 $0.000000 378,129 13 Feb 2024 Common Stock, par value $0.01 378,129 Direct F4, F5, F6
transaction DAN Dividend Equivalent Rights Options Exercise $0 -2,393 -17% $0.000000 11,671 14 Feb 2024 Common Stock, par value $0.01 2,393 Direct F7
transaction DAN Restricted Stock Units Options Exercise $0 -85,110 -34% $0.000000 165,213 14 Feb 2024 Common Stock, par value $0.01 85,110 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of common stock resulting from the vesting of performance shares.
F2 Represents shares withheld to satisfy tax obligations upon vesting of performance shares.
F3 Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
F4 Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
F5 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.
F6 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
F7 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.