Edward Bastian - Feb 1, 2022 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
Chief Executive Officer, Director
Signature
/s/ Alan T. Rosselot as attorney-in-fact for Edward H. Bastian
Stock symbol
DAL
Transactions as of
Feb 1, 2022
Transactions value $
-$1,885,862
Form type
4
Date filed
2/3/2022, 04:12 PM
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability -$504K -12.4K -2.66% $40.49 456K Feb 1, 2022 Direct F1
transaction DAL Common Stock Tax liability -$429K -10.6K -2.33% $40.49 445K Feb 1, 2022 Direct F2
transaction DAL Common Stock Tax liability -$953K -23.5K -5.29% $40.49 421K Feb 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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 3, 2021 under Delta's 2021 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).