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DELTA AIR LINES, INC. — Director's Dealing 2012
Mar 5, 2012
30081_dirs_2012-03-05_6a022c1b-bae8-4915-af1b-cd3c610e95f2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2012-03-01
Reporting Person: Jacobson Paul A (Sr. VP & CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 103881 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $18.84 | 2017-04-29 | Common Stock (40100) | Direct | |
| Employee Stock Option (Right to Buy) | $8.81 | 2018-04-02 | Common Stock (7900) | Direct | |
| Employee Stock Option (Right to Buy) | $7.99 | 2018-10-28 | Common Stock (193000) | Direct |
Footnotes
F1: The 103, 881 common shares reported include 50,135 shares of restricted common stock. Of those restricted shares, 14,095 were granted to the Reporting Person on February 3, 2011 and will vest on February 1, 2013. The remaining 36,040 restricted shares were granted to the Reporting Person on February 2, 2012 and will vest 50% on February 1, 2013 and 50% on February 1, 2014.
F2: The grant of the restricted stock and option awards were approved by the Personnel & Compensation Committee of Delta's Board of Directors and are exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).
F3: All options are currently exercisable.