Byron S. Foster - Feb 13, 2024 Form 4 Insider Report for DANA INC (DAN)

Role
Pres, Light Veh Drive Systems
Signature
/s/ Laura L. Aossey on behalf of Byron S. Foster
Stock symbol
DAN
Transactions as of
Feb 13, 2024
Transactions value $
-$91,608
Form type
4
Date filed
2/15/2024, 06:00 PM
Previous filing
Dec 15, 2023
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 Options Exercise $0 +14.1K +55.84% $0.00 39.3K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +393 +1% $0.00 39.7K Feb 14, 2024 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$91.6K -6.86K -17.28% $13.35 32.8K Feb 14, 2024 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 Restricted Stock Units Award $0 +59.9K $0.00 59.9K Feb 13, 2024 Common Stock, par value $0.01 59.9K Direct F2, F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -393 -15.48% $0.00 2.15K Feb 14, 2024 Common Stock, par value $0.01 393 Direct F5
transaction DAN Restricted Stock Units Options Exercise $0 -14.1K -34% $0.00 27.3K Feb 14, 2024 Common Stock, par value $0.01 14.1K 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 total number of shares of common stock withheld for the Reporting Person's tax obligation.
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.
F4 Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
F5 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.