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DANA Inc Director's Dealing 2010

Mar 12, 2010

31487_dirs_2010-03-12_4608ce88-7832-494e-9f88-74466e11c86e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DANA HOLDING CORP (DAN)
CIK: 0000026780
Period of Report: 2009-03-28

Reporting Person: Girsky Stephen J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-03-28 Common Stock, par value $0.01 M 1656 Acquired 1656 Direct
2009-08-03 Common Stock, par value $0.01 M 40760 Acquired 42416 Direct
2009-08-03 Common Stock, par value $0.01 M 14648 Acquired 57064 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-03-28 Restricted Stock Units $0 M 1656 Disposed Common Stock, par value $0.01 (1656) Direct
2009-08-03 Restricted Stock Units $0 M 14648 Disposed Common Stock, par value $0.01 (14648) Direct
2009-08-03 Restricted Stock Units $0 M 40760 Disposed Common Stock, par value $0.01 (40760) Direct

Footnotes

F1: Vesting of restricted stock units previously reported and granted to the Reporting Person on March 28, 2008.

F2: Vesting of restricted stock units as a result of Reporting Person's resignation from issuer's Board of Directors. The restricted stock units were previously reported and granted to the Reporting Person.

F3: Restricted stock units previously reported and granted pursuant to the Dana Holding Corporation 2008 Omnibus Incentive Plan.

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 vest in three (3) equal annual installments beginning on the first anniversary of the grant.

F6: Restricted stock units previously reported and granted as a result of Reporting Person's election to defer a portion of his annual retainer paid for service on issuer's Board of Directors pursuant to the Dana Holding Corporation 2008 Omnibus Incentive Plan.

F7: Each restricted stock unit represents the right to receive (1) one share of common stock or, at the issuer's election, an equivalent cash amount.

F8: All restricted stock units are fully vested. Settlement occurs the earlier of either (i) the first business day of the calendar month coincident with or next following the date that reporting person terminates service as a director of the issuer, or (ii) the date on which occurs a change in control.