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DELTA AIR LINES, INC. — Director's Dealing 2011
Aug 5, 2011
30081_dirs_2011-08-05_41f76586-9b1b-4603-a164-9419b00e0fec.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2011-08-05
Reporting Person: HIRST RICHARD B (SVP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-05 | Common Stock | A | 43050 | — | Acquired | 280343 | Direct |
Footnotes
F1: The shares reported in this Form 4 represent a restricted stock award to Mr. Hirst, as approved by the Personnel & Compensation Committee of the Board of Directors on August 5, 2011. Subject to the terms of the award, including Mr. Hirst's continued employment with Delta, the restrictions will lapse with respect to the shares on August 5, 2013. Until the restrictions lapse, Mr. Hirst may not sell or transfer the shares, which will be subject to forfeiture in certain circumstances. The restricted stock award was acquired in a transaction exempt under Rule 16b-3(d).