SEC Form 4 · accession 0001225208-17-004862
DANA Inc · DAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Schulz
Director
Period of report
Feb 23, 2017
Accepted (ET)
Feb 28, 2017 · 3:38 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 | Feb 23, 2017 | M | 9,812 | $0.00 | A | 24,812 | D | |
| Common Stock, par value $0.01 | Feb 23, 2017 | M | 168 | $0.00 | A | 24,980 | D |
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 | — | Feb 23, 2017 | M | 168 | D | — | — | Common Stock, par value $0.01 | 168 | 0 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Feb 23, 2017 | M | 9,812 | D | — | — | Common Stock, par value $0.01 | 9,812 | 0 | 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, which have vested.
- F2Restricted stock units granted pursuant to the Dana Holding Corporation 2012 Omnibus Incentive Plan.
- F3Each 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.
- F4Restricted stock units granted vest in full on the first anniversary date of the grant.