SEC Form 4 · accession 0001225208-19-002637
DANA Inc · DAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Wallace
Officer — EVP & Pres Comm Veh Drive Tech
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 7:58 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 $0.01F1 | Feb 12, 2019 | A | 32,500 | $17.12 | A | 134,901 | D | |
| Common Stock, par value $0.01F2 | Feb 12, 2019 | F | 9,267 | $17.12 | D | 125,634 | 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 UnitsF3,F4,F5 | — | Feb 12, 2019 | A | 40,639 | A | Feb 12, 2022 | — | Common Stock, par value $0.01 | 40,639 | 40,639 | D |
Explanation of responses
- F1Represents the acquisition of common stock resulting from the vesting of performance shares.
- F2Represents shares withheld to satisfy tax obligations upon vesting of performance shares.
- F3Restricted stock units granted pursuant to the Dana Incorporated 2017 Omnibus Incentive Plan.
- 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.