DANA CORP 4
4 · DANA CORP · Filed Jun 17, 2005
Insider Transaction Report
Form 4
DANA CORPDCN
BURNS MICHAEL J
DirectorChairman, CEO,
Transactions
- Other
Restricted Stock Units
2005-06-15+249→ 170,971 totalExercise: $0.00→ Common (249 underlying) - Other
Restricted Stock Units
2005-06-15+386→ 171,357 totalExercise: $0.00→ Common (386 underlying) - Other
Common
2005-06-15$12.35/sh+491$6,064→ 53,579.88 total - Other
Restricted Stock Units
2005-06-15+1,024→ 172,381 totalExercise: $0.00→ Common (1,024 underlying)
Footnotes (5)
- [F1]Dividend equivalents credited on restricted shares granted under Dana's Restricted Stock Plan. Exempt from Section 16(b) under Rule 16b-3.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Dana Corporation common stock.
- [F3]Dividend equivalents credited on restricted stock units granted under Dana's Stock Incentive Plan (SIP). Exempt from Section 16(b) under Rule 16b-3.
- [F4]Dividend equivalents credited with respect to previously granted restricted stock units become vested proportionately with the restricted stock units to which they relate, which vest in full on March 1, 2009. Vested shares will be delivered to Mr. Burns on a deferred basis following the date on which he terminates employment with Dana.
- [F5]Dividend equivalents credited with respect to previously granted restricted stock units become vested proportionately with the restricted stock units to which they relate, which vest in three equal annual installments beginning March 1, 2005. Vested shares will be delivered to Mr. Burns on each annual anniversary date.