Filing Details
- Accession Number:
- 0001683168-17-000222
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-02 16:34:46
- Reporting Period:
- 2017-02-01
- Filing Date:
- 2017-02-02
- Accepted Time:
- 2017-02-02 16:34:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 27904 | Delta Air Lines Inc | DAL | Air Transportation, Scheduled (4512) | 580218548 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1543655 | A Paul Jacobson | C/O Delta Air Lines, Inc., Dept. 981 P.o. Box 20574 Atlanta, GA 30320 | Evp & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-02-01 | 4,812 | $47.26 | 323,819 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-02-01 | 6,282 | $47.26 | 317,537 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-02-01 | 7,490 | $47.26 | 310,047 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-02-01 | 20,000 | $18.84 | 330,047 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-02-01 | 20,000 | $47.32 | 310,047 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-02-01 | 20,000 | $0.00 | 20,000 | $18.84 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,100 | 2017-04-29 | No | 4 | M | Direct |
Footnotes
- Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2014 under Delta's 2014 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
- Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2015 under Delta's 2015 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
- Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 2, 2016 under Delta's 2016 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
- The shares were sold pursuant to a Rule 10b5-1 trading plan dated November 29, 2016 (the "Trading Plan").
- The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $47.07 to $47.71 per share. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.
- The option was exercised pursuant to the Trading Plan.
- The option is currently exercisable.
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