Antonio Valencia - Feb 13, 2024 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 13, 2024
Transactions value $
-$146,770
Form type
4
Date filed
2/15/2024, 06:00 PM
Previous filing
Feb 13, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAN Common Stock, par value $0.01 Award $154K +11.6K $13.22 11.6K Feb 13, 2024 Direct F1
transaction DAN Common Stock, par value $0.01 Disposed to Issuer -$154K -11.6K -100% $13.22 0 Feb 13, 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +10.7K $0.00 10.7K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +298 +2.79% $0.00 11K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Disposed to Issuer -$147K -11K -100% $13.35 0 Feb 14, 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 Restricted Stock Units Award $0 +47.8K $0.00 47.8K Feb 13, 2024 Common Stock, par value $0.01 47.8K Direct F2, F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -298 -15.32% $0.00 1.65K Feb 14, 2024 Common Stock, par value $0.01 298 Direct F5
transaction DAN Restricted Stock Units Options Exercise $0 -10.7K -34% $0.00 20.8K Feb 14, 2024 Common Stock, par value $0.01 10.7K Direct 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.
F5 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.