SEC Form 4 · accession 0001225208-17-003696
DANA Inc · DAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George T Constand
Officer — Chief Technical & Quality Offi
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 1:24 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Feb 15, 2017 | A | 21,494 | A | Feb 15, 2020 | — | Common Stock, par value $0.01 | 21,494 | 21,494 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to the Dana Holding Corporation 2012 Omnibus Incentive Plan.
- F2Each 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.
- F3Restricted stock units cliff vest three (3) years from the date of grant. Reporting person may elect to surrender a portion of their unvested grant to fulfill any tax obligation related to such grant.