SEC Form 4 · accession 0001683168-17-000219
DELTA AIR LINES, INC. · DAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward H Bastian
Officer — Chief Executive Officer · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 2, 2017 · 4:31 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 | Feb 1, 2017 | F | 10,443 | $47.26 | D | 221,859 | D | |
| Common StockF2 | Feb 1, 2017 | F | 6,955 | $47.26 | D | 214,904 | D | |
| Common StockF3 | Feb 1, 2017 | F | 12,143 | $47.26 | D | 202,761 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares 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 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).
- F2Shares 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).
- F3Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 2, 2016 under Delta's 2016 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).