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

Feb 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2016-02-01

Reporting Person: ANDERSON RICHARD H (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-01	Common Stock	F	38038	$45.21	Disposed	343848	Direct
2016-02-01	Common Stock	F	25002	$45.21	Disposed	318846	Direct
2016-02-01	Common Stock	F	13402	$45.21	Disposed	305444	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	367774	Indirect

Footnotes

F1: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 7, 2013 under Delta's 2013 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).

F2: 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 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).

F3: 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).