James D. Kellett - 12 Feb 2022 Form 4 Insider Report for DANA INC (DAN)

Role
VP & Chief Accounting Officer
Signature
/s/ Laura L. Aossey on behalf of James D. Kellett
Issuer symbol
DAN
Transactions as of
12 Feb 2022
Net transactions value
-$53,745
Form type
4
Filing time
15 Feb 2022, 16:39:31 UTC
Previous filing
11 Feb 2022
Next filing
17 Feb 2022
SEC
View on sec.gov

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 +7,885 +134% $0.000000 13,771 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +470 +3.4% $0.000000 14,241 12 Feb 2022 Direct
transaction DAN Common Stock, par value $0.01 Tax liability $53,745 -2,574 -18% $20.88 11,667 12 Feb 2022 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 -470 -58% $0.000000 344 12 Feb 2022 Common Stock, par value $0.01 470 Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -7,885 -100% $0.000000* 0 12 Feb 2022 Common Stock, par value $0.01 7,885 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 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 cliff vest three (3) years from date of grant.