Aziz Aghili - 14 Feb 2023 Form 4 Insider Report for DANA INC (DAN)

Role: EVP &Pres Off-Hwy Technologies
Signature: /s/ Laura L. Aossey on behalf of Aziz Aghili
Issuer symbol: DAN
Transactions as of: 14 Feb 2023
Net transactions value: -$91,827
Form type: 4
Filing time: 16 Feb 2023, 16:49:20 UTC
Previous filing: 13 Feb 2023
Next filing: 23 Feb 2023
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	+12,322	+33%	$0.000000	49,561	15 Feb 2023	Direct
transaction	DAN	Common Stock, par value $0.01	Options Exercise	$0	+301	+0.61%	$0.000000	49,862	15 Feb 2023	Direct
transaction	DAN	Common Stock, par value $0.01	Tax liability	$91,827	-4,887	-9.8%	$18.79	44,975	15 Feb 2023	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	+45,509		$0.000000	45,509	14 Feb 2023	Common Stock, par value $0.01	45,509		Direct	F2, F3, F4
transaction	DAN	Dividend Equivalent Rights	Options Exercise	$0	-301	-21%	$0.000000	1,138	15 Feb 2023	Common Stock, par value $0.01	301		Direct	F5
transaction	DAN	Restricted Stock Units	Options Exercise	$0	-12,322	-34%	$0.000000	23,917	15 Feb 2023	Common Stock, par value $0.01	12,322		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.