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DANA Inc — Director's Dealing 2017
Mar 1, 2017
31487_dirs_2017-02-28_766a4800-d64a-48aa-ba7d-229ba30773e3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DANA INC (DAN)
CIK: 0000026780
Period of Report: 2017-02-25
Reporting Person: Aghili Aziz (Pres Off-Hwy Technologies)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-25 | Common Stock, par value $0.01 | M | 21749.0000 | $0.0000 | Acquired | 27249.0000 | Direct |
| 2017-02-25 | Common Stock, par value $0.01 | M | 851.0000 | $0.0000 | Acquired | 28100.0000 | Direct |
| 2017-02-25 | Common Stock, par value $0.01 | F | 9976.0000 | $19.0100 | Disposed | 18124.0000 | Direct |
| 2017-02-25 | Common Stock, par value $0.01 | D | 12624.0000 | $19.0100 | Disposed | 5500.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-25 | Dividend Equivalent Rights | $ | M | 851.0000 | Disposed | Common Stock, par value $0.01 (851.0000) | Direct | |
| 2017-02-25 | Restricted Stock Units | $ | M | 21749.0000 | Disposed | Common Stock, par value $0.01 (21749.0000) | Direct |
Footnotes
F1: Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
F2: Represents the total number of restricted stock units and dividend equivalent units, which vested and were cash settled.
F3: The dividend equivalent rights accrued on restricted stock units previously granted and become exercisable proportionately with the restricted stock units to which they relate. 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. Restricted stock units for Reporting Person will be cash settled.
F4: 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.
F5: 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. Restricted stock units for Reporting Person will be cash settled.
F6: Restricted stock units granted cliff vest three (3) years from date of grant.