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DANA Inc Director's Dealing 2023

Feb 16, 2023

31487_dirs_2023-02-16_6a1bda01-65dd-4a0d-aee1-9de4fa04bd31.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: 2023-02-14

Reporting Person: Valencia Antonio (Pres. Power Technologies Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-15 Common Stock, par value $0.01 M 8538.0000 $0.0000 Acquired 8538.0000 Direct
2023-02-15 Common Stock, par value $0.01 M 3345.0000 $0.0000 Acquired 11883.0000 Direct
2023-02-15 Common Stock, par value $0.01 M 286.0000 $0.0000 Acquired 12169.0000 Direct
2023-02-15 Common Stock, par value $0.01 D 12169.0000 $18.7900 Disposed 0.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-14 Restricted Stock Units $ A 31456.0000 Acquired Common Stock, par value $0.01 (31456.0000) Direct
2023-02-15 Dividend Equivalent Rights $ M 286.0000 Disposed Common Stock, par value $0.01 (286.0000) Direct
2023-02-15 Restricted Stock Units $ M 3345.0000 Disposed Common Stock, par value $0.01 (3345.0000) Direct
2023-02-15 Restricted Stock Units $ M 8538.0000 Disposed Common Stock, par value $0.01 (8538.0000) Direct

Footnotes

F1: Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.

F2: 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.

F3: Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.

F4: 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.

F5: Restricted stock units granted vest in two (2) equal annual installments beginning on the first anniversary date of the grant.