SEC Form 4 · accession 0001225208-17-014076
DANA Inc · DAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Kevin Kamsickas
Officer — President & CEO · Director
Period of report
Aug 11, 2017
Accepted (ET)
Aug 15, 2017 · 9:04 pm EDT
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 | Aug 11, 2017 | M | 74,499 | $0.00 | A | 131,502 | D | |
| Common Stock, par value $0.01F1 | Aug 11, 2017 | F | 35,090 | $23.49 | D | 96,412 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | — | Aug 11, 2017 | A | 74,499 | A | Aug 11, 2017 | — | Common Stock, par value $0.01 | 74,499 | 74,499 | D |
| Restricted Stock UnitsF3,F4 | — | Aug 11, 2017 | M | 74,499 | D | Aug 11, 2017 | — | Common Stock, par value $0.01 | 74,499 | 0 | D |
Explanation of responses
- F1Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
- F2Restricted stock units granted pursuant to the Dana Incorporated 2017 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.
- F4As previously disclosed in 2015, these restricted stock units are immediately vested and were granted as an element of reporting person's compensation when he joined Dana.