SEC Form 4 · accession 0001019687-15-004605
DELTA AIR LINES, INC. · DAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Jacobson
Officer — EVP & CFO
Period of report
Dec 21, 2015
Accepted (ET)
Dec 22, 2015 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000027904
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 21, 2015 | G | 20,000 | — | D | 270,322 | D | |
| Common StockF2 | Dec 21, 2015 | S | 10,000 | $51.022 | D | 260,322 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were gifted to the Jacobson Family Foundation Trust.
- F2The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $50.99 to $51.05 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.