AI assistant
DANA Inc — Director's Dealing 2023
Sep 8, 2023
31487_dirs_2023-09-08_ceeb6f06-5dbe-463d-9f31-3602922a375f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DANA INC (DAN)
CIK: 0000026780
Period of Report: 2023-09-05
Reporting Person: Decleer Jeroen (SVP & Pres Off-Highway Drive)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Dividend Equivalent Rights | $ | Common Stock, par value $0.01 (483.0000) | Direct | ||
| Restricted Stock Units | $ | Common Stock, par value $0.01 (1549.0000) | Direct | ||
| Restricted Stock Units | $ | Common Stock, par value $0.01 (8916.0000) | Direct | ||
| Restricted Stock Units | $ | Common Stock, par value $0.01 (4408.0000) | Direct |
Footnotes
F1: 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.
F2: Restricted stock units originally granted on 2/9/21 vest in three (3) equal annual installments beginning on the first anniversary date of the grant. One-third of the restricted stock units remain unvested.
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. Restricted stock units for Reporting Person will be cash settled.
F4: Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
F5: Restricted stock units originally granted on 2/15/2022 vest in three (3) equal annual installments beginning on the first anniversary date of the grant. Two-thirds of the restricted stock units remain unvested.