SEC FORM
4
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
|
| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
 |
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
| C/O APPALOOSA PARTNERS INC. |
| 26 MAIN ST, FIRST FLOOR |
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
DANA CORP
[ DCN ]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
X |
10% Owner |
|
Officer (give title below) |
|
Other (specify below) |
|
|
3. Date of Earliest Transaction
(Month/Day/Year)
03/02/2006
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
|
Form filed by One Reporting Person |
| X |
Form filed by More than One Reporting Person |
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
|
2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
|
4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
Amount |
(A) or (D) |
Price |
| Common Stock |
03/02/2006 |
|
S
|
|
300,000 |
D |
$1.0767
|
20,200,000 |
I |
See
|
| Common Stock |
03/02/2006 |
|
P |
|
650,000 |
A |
$1.0208
|
20,850,000 |
I |
See
|
| Common Stock |
03/02/2006 |
|
P |
|
500,000 |
A |
$1.02
|
21,350,000 |
I |
See
|
| Common Stock |
03/03/2006 |
|
P |
|
165,100 |
A |
$0.9106
|
21,515,100 |
I |
See
|
| Common Stock |
03/06/2006 |
|
P |
|
500,000 |
A |
$0.8
|
22,015,100 |
I |
See
|
| Common Stock |
03/06/2006 |
|
P |
|
484,900 |
A |
$0.9596
|
22,500,000 |
I |
See
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
|
5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
|
8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
11. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
1. Name and Address of Reporting Person*
| C/O APPALOOSA PARTNERS INC. |
| 26 MAIN ST, FIRST FLOOR |
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
1. Name and Address of Reporting Person*
| APPALOOSA PARTNERS INC |
| 26 MAIN ST |
(Street)
|
1. Name and Address of Reporting Person*
(Street)
|
| Explanation of Responses: |
|
|
|
/s/ David A. Tepper |
03/06/2006 |
|
See Exhibit 99.1 |
03/06/2006 |
|
** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
EXHIBIT 99.1
Name: APPALOOSA PARTNERS INC.
Address: 26 Main Street
Chatham, NJ 07928
Designated Filer: David A. Tepper
Issuer: DANA CORP
Issuer's Trading Symbol: DCN
Date of Event Requiring Statement: March 2, 2006
By: /s/ David A. Tepper March 6, 2006
-------------------------------------------- ---------------
Name: David A. Tepper Date
Title: President
Name: APPALOOSA MANAGEMENT L.P.
Address: c/o Appaloosa Partners Inc.
26 Main Street
Chatham, NJ 07928
Designated Filer: David A. Tepper
Issuer: DANA CORP
Issuer's Trading Symbol: DCN
Date of Event Requiring Statement: March 2, 2006
By: APPALOOSA PARTNERS INC.,
its General Partner
By: /s/ David A. Tepper March 6, 2006
-------------------------------------------- ---------------
Name: David A. Tepper Date
Title: President
Name: APPALOOSA INVESTMENT LIMITED PARTNERSHIP I
Address: c/o Appaloosa Partners Inc.
26 Main Street
Chatham, NJ 07928
Designated Filer: David A. Tepper
Issuer: DANA CORP
Issuer's Trading Symbol: DCN
Date of Event Requiring Statement: March 2, 2006
By: APPALOOSA MANAGEMENT L.P.,
its General Partner
By: APPALOOSA PARTNERS INC.,
its General Partner
By: /s/ David A. Tepper March 6, 2006
-------------------------------------------- ---------------
Name: David A. Tepper Date
Title: President
Name: PALOMINO FUND LTD.
Address: c/o Appaloosa Partners Inc.
26 Main Street
Chatham, NJ 07928
Designated Filer: David A. Tepper
Issuer: DANA CORP
Issuer's Trading Symbol: DCN
Date of Event Requiring Statement: March 2, 2006
By: APPALOOSA MANAGEMENT L.P.,
its Investment Advisor
By: APPALOOSA PARTNERS INC.,
its General Partner
By: /s/ David A. Tepper March 6, 2006
-------------------------------------------- ---------------
Name: David A. Tepper Date
Title: President
Exhibit 99.2
(2) The reporting persons to whom the information set forth on this line
relates are David A. Tepper ("Mr. Tepper"), Appaloosa Investment Limited
Partnership I ("AILP"), Palomino Fund Ltd. ("Palomino"), Appaloosa
Management L.P.(the "Manager"), and Appaloosa Partners Inc.("API"). Mr.
Tepper is the sole stockholder and president of API. API is the general
partner of, and Mr. Tepper owns a majority of the limited partnership
interests of, the Manager. The Manager is the general partner of AILP, and
acts as an investment advisor to Palomino. Of the 22,500,000 shares of
Common Stock held on March 6, 2006, 11,992,500 are held by AILP and
10,507,500 are held by Palomino. Each of the foregoing reporting persons
disclaims beneficial ownership of the shares of Common Stock of the Issuer
reported herein except to the extent of his or its pecuniary interest
therein.
