SEC Form 4 · accession 0001225208-16-028529

DANA Inc · DAN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Administrative Officer

Period of report

Feb 25, 2016

Accepted (ET)

Feb 29, 2016 · 3:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000026780

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock, par value $0.01	Feb 25, 2016	M	20,583	$0.00	A	45,429	D
Common Stock, par value $0.01	Feb 25, 2016	M	666	$0.00	A	46,095	D
Common Stock, par value $0.01^F1	Feb 25, 2016	F	6,849	$12.05	D	39,246	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Dividend Equivalent Rights^F2,F3	—	Feb 25, 2016	M	666	D	—	—	Common Stock, par value $0.01	666	806	D
Restricted Stock Units^F4,F5	—	Feb 25, 2016	M	20,583	D	Feb 25, 2016	—	Common Stock, par value $0.01	20,583	0	D

F1Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
F2Dividend 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.
F3Dividend 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.
F4Each 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.
F5Restricted stock units granted cliff vest three (3) years from date of grant.