Antonio Valencia - 15 Feb 2024 Form 4 Insider Report for DANA INC (DAN)

Role
Pres. Power Technologies Group
Signature
/s/ Laura L. Aossey on behalf of Antonio Valencia
Issuer symbol
DAN
Transactions as of
15 Feb 2024
Net transactions value
-$169,852
Form type
4
Filing time
20 Feb 2024, 17:15:44 UTC
Previous filing
15 Feb 2024
Next filing
26 Mar 2024
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 +8,286 $0.000000 8,286 15 Feb 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +3,345 +40% $0.000000 11,631 15 Feb 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +615 +5.3% $0.000000 12,246 15 Feb 2024 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer $169,852 -12,246 -100% $13.87 0 15 Feb 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 Dividend Equivalent Rights Options Exercise $0 -615 -37% $0.000000 1,032 15 Feb 2024 Common Stock, par value $0.01 615 Direct F1
transaction DAN Restricted Stock Units Options Exercise $0 -3,345 -17% $0.000000 16,571 15 Feb 2024 Common Stock, par value $0.01 3,345 Direct F2, F3
transaction DAN Restricted Stock Units Options Exercise $0 -8,286 -50% $0.000000 8,285 15 Feb 2024 Common Stock, par value $0.01 8,286 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 two (2) equal annual installments beginning on the first anniversary date of the grant.
F4 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.