Antonio Valencia - Dec 1, 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: Dec 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/5/2023, 04:37 PM
Previous filing: Sep 5, 2023
Next filing: Feb 13, 2024

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	Award	$0	+430	+22.25%	$0.00	2.36K	Dec 1, 2023	Common Stock, par value $0.01	430		Direct	F1

* 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.

Content

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.