DELTA AIR LINES, INC. — Director's Dealing 2016

Feb 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2016-02-19

Reporting Person: BOSTOCK ROY J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-19	Common Stock	M	9146	$17.81	Acquired	17886	Direct
2016-02-19	Common Stock	S	9146	$46.76	Disposed	8740	Direct
2016-02-19	Common Stock	G	4000	—	Disposed	46770	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-19	Employee Stock Option (right to buy)	$17.81	M	9146	Disposed	2017-06-27	Common Stock (9146)	Direct

Footnotes

F1: The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $46.76 to $46.77 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.

F2: The shares were gifted from the Roy J. Bostock Revocable Living Trust to the Bostock Family Foundation, an organization exempt under Section 501(c)(3) of the Internal Revenue Code.

F3: The option vested 100% on October 29, 2008.