Douglas H. Liedberg - Feb 9, 2023 Form 4 Insider Report for DANA INC (DAN)

Role
SVP, General Counsel and Secty
Signature
/s/ Laura L. Aossey on behalf of Douglas H. Liedberg
Stock symbol
DAN
Transactions as of
Feb 9, 2023
Transactions value $
-$356,642
Form type
4
Date filed
2/13/2023, 06:32 PM
Previous filing
Dec 5, 2022
Next filing
Feb 16, 2023

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 +7.39K +13.45% $0.00 62.4K Feb 9, 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +304 +0.49% $0.00 62.7K Feb 9, 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$69.1K -3.73K -5.94% $18.56 59K Feb 9, 2023 Direct F1
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +34K +57.6% $0.00 92.9K Feb 10, 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +2.01K +2.16% $0.00 94.9K Feb 10, 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$288K -15.9K -16.8% $18.03 79K Feb 10, 2023 Direct F1

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 -304 -8.91% $0.00 3.11K Feb 9, 2023 Common Stock, par value $0.01 304 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -7.39K -50% $0.00 7.4K Feb 9, 2023 Common Stock, par value $0.01 7.39K Direct F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -2.01K -64.61% $0.00 1.1K Feb 10, 2023 Common Stock, par value $0.01 2.01K Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -34K -100% $0.00* 0 Feb 10, 2023 Common Stock, par value $0.01 34K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
F2 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.
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.
F4 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
F5 Restricted stock units granted cliff vest three (3) years from date of grant.