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DELTA AIR LINES, INC. — Director's Dealing 2016
Jun 13, 2016
30081_dirs_2016-06-13_7f06abf7-c394-4f23-a9ac-a715e686aa71.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: 2016-06-10
Reporting Person: Rial Sergio (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-10 | Common Stock | A | 3810 | — | Acquired | 9992 | Direct |
| 2016-06-10 | Common Stock | F | 1128 | $42.04 | Disposed | 8864 | Direct |
Footnotes
F1: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $160,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 10, 2016. The shares were acquired in a transaction exempt under Rule 16b-3(d).
F2: Shares withheld for payment of tax liability upon vesting of the restricted stock award granted on June 24, 2015. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt under Rules 16b-3(d)(1) and 16b-3(e).