Antonio Valencia - Feb 14, 2023 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 14, 2023
Transactions value $
-$228,656
Form type
4
Date filed
2/16/2023, 04:49 PM
Previous filing
Feb 13, 2023
Next filing
Mar 28, 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 +8.54K $0.00 8.54K Feb 15, 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +3.35K +39.18% $0.00 11.9K Feb 15, 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +286 +2.41% $0.00 12.2K Feb 15, 2023 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer -$229K -12.2K -100% $18.79 0 Feb 15, 2023 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 +31.5K $0.00 31.5K Feb 14, 2023 Common Stock, par value $0.01 31.5K Direct F1, F2, F3
transaction DAN Dividend Equivalent Rights Options Exercise $0 -286 -27.9% $0.00 739 Feb 15, 2023 Common Stock, par value $0.01 286 Direct F4
transaction DAN Restricted Stock Units Options Exercise $0 -3.35K -10.52% $0.00 28.5K Feb 15, 2023 Common Stock, par value $0.01 3.35K Direct F2, F5
transaction DAN Restricted Stock Units Options Exercise $0 -8.54K -30.01% $0.00 19.9K Feb 15, 2023 Common Stock, par value $0.01 8.54K 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.
F5 Restricted stock units granted vest in two (2) equal annual installments beginning on the first anniversary date of the grant.