Timothy R. Kraus - 01 Dec 2023 Form 4 Insider Report for DANA INC (DAN)

Role
SVP & Chief Financial Officer
Signature
/s/ Laura L. Aossey on behalf of Timothy R. Kraus
Issuer symbol
DAN
Transactions as of
01 Dec 2023
Transactions value $
-$34,882
Form type
4
Filing time
05 Dec 2023, 16:37:44
Previous filing
05 Sep 2023
Next filing
13 Feb 2024
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 +5.71K +21.88% $0.00 31.8K 01 Dec 2023 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +159 +0.5% $0.00 32K 01 Dec 2023 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$34.9K -2.55K -7.97% $13.69 29.4K 01 Dec 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 Dividend Equivalent Rights Award $0 +629 +26.28% $0.00 3.02K 01 Dec 2023 Common Stock, par value $0.01 629 Direct F2
transaction DAN Dividend Equivalent Rights Options Exercise $0 -159 -5.26% $0.00 2.86K 01 Dec 2023 Common Stock, par value $0.01 159 Direct F3
transaction DAN Restricted Stock Units Options Exercise $0 -5.71K -100% $0.00* 0 01 Dec 2023 Common Stock, par value $0.01 5.71K Direct F4, F5
* 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. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.
F3 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.
F4 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.
F5 Restricted stock units granted vest in full on the first anniversary date of the grant.