Antonio Valencia - Feb 15, 2022 Form 4 Insider Report for DANA INC (DAN)

Role
Pres. Power Technologies Group
Signature
/s/ Laura L. Aossey on behalf of Antonio Valencia
Stock symbol
DAN
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 04:22 PM
Previous filing
Feb 15, 2022
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAN Common Stock, par value $0.01 Award $48.9K +2.18K $22.42 2.18K Feb 15, 2022 Direct F1
transaction DAN Common Stock, par value $0.01 Disposed to Issuer -$48.9K -2.18K -100% $22.42 0 Feb 15, 2022 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 +25.1K $0.00 25.1K Feb 15, 2022 Common Stock, par value $0.01 25.1K Direct F2, F3, F4
* 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, and will be cash settled.
F2 Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
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. Restricted stock units for Reporting Person will be cash settled.
F4 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.