Timothy R. Kraus - Feb 13, 2025 Form 4 Insider Report for DANA INC (DAN)

Signature
/s/ Laura L. Aossey on behalf of Timothy R. Kraus
Stock symbol
DAN
Transactions as of
Feb 13, 2025
Transactions value $
-$352,324
Form type
4
Date filed
2/18/2025, 06:33 PM
Previous filing
Feb 13, 2025
Next filing
Feb 20, 2025

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 +30.9K +48.91% $0.00 94K Feb 13, 2025 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +1.06K +1.13% $0.00 95K Feb 13, 2025 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$220K -13.9K -14.65% $15.80 81.1K Feb 13, 2025 Direct F1
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +17.7K +21.88% $0.00 98.8K Feb 14, 2025 Direct
transaction DAN Common Stock, par value $0.01 Options Exercise $0 +1.13K +1.14% $0.00 100K Feb 14, 2025 Direct
transaction DAN Common Stock, par value $0.01 Tax liability -$132K -8.23K -8.23% $16.09 91.7K Feb 14, 2025 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 -1.06K -16.66% $0.00 5.32K Feb 13, 2025 Common Stock, par value $0.01 1.06K Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -30.9K -34% $0.00 59.9K Feb 13, 2025 Common Stock, par value $0.01 30.9K Direct F3, F4
transaction DAN Dividend Equivalent Rights Options Exercise $0 -1.13K -21.15% $0.00 4.2K Feb 14, 2025 Common Stock, par value $0.01 1.13K Direct F2
transaction DAN Restricted Stock Units Options Exercise $0 -17.7K -50% $0.00 17.7K Feb 14, 2025 Common Stock, par value $0.01 17.7K 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 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 vest in three (3) equal annual installments beginning on the first anniversary date of the grant.