SEC Form 4 · accession 0001225208-15-009775
DANA Inc · DAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aziz Aghili
Officer — Pres Off-Hwy Technologies
Period of report
Apr 3, 2015
Accepted (ET)
Apr 7, 2015 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000026780
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Apr 3, 2015 | A | 105 | A | — | — | Common Stock, par value $0.01 | 105 | 666 | D |
| Dividend Equivalent RightsF2 | — | Apr 3, 2015 | A | 44 | A | — | — | Common Stock, par value $0.01 | 44 | 710 | D |
Explanation of responses
- F1Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.
- F2The 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.