DELTA AIR LINES, INC. — Director's Dealing 2020

Feb 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES, INC. (DAL)
CIK: 0000027904
Period of Report: 2020-01-31

Reporting Person: Carter Peter W (EVP and Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-31	Common Stock	F	1997	$55.74	Disposed	87758	Direct
2020-01-31	Common Stock	F	1849	$55.74	Disposed	85909	Direct
2020-01-31	Common Stock	F	3084	$55.74	Disposed	82825	Direct

Footnotes

F1: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 9, 2017 under Delta's 2017 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 8, 2018 under Delta's 2018 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 6, 2019 under Delta's 2019 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).