SEC Form 4 · accession 0001683168-16-000511
DELTA AIR LINES, INC. · DAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen W Hauenstein
Officer — President
Period of report
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 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 Stock | Nov 7, 2016 | M | 105,500 | $18.84 | A | 271,225 | D | |
| Common StockF1 | Nov 7, 2016 | S | 105,500 | $44.003 | D | 165,725 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $18.84 | Nov 7, 2016 | M | 105,500 | D | — | Apr 29, 2017 | Common Stock | 105,500 | 0 | D |
Explanation of responses
- F1The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $44.00 to $44.02 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.
- F2The option is currently exercisable.