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DELTA AIR LINES, INC. — Director's Dealing 2018
Jul 2, 2018
30081_dirs_2018-07-02_839971eb-6119-4a52-ac69-0b3a6016d4d4.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: 2018-06-28
Reporting Person: Rial Sergio (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-28 | Common Stock | A | 3520 | — | Acquired | 14501 | Direct |
| 2018-06-29 | Common Stock | F | 978 | $49.54 | Disposed | 13523 | Direct |
Footnotes
F1: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. 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 28, 2018. 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 30, 2017. 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).