Peter W. Carter - Dec 2, 2022 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role: EVP - External Affairs
Signature: /s/ Alan T. Rosselot, as attorney-in-fact for Peter W. Carter
Stock symbol: DAL
Transactions as of: Dec 2, 2022
Transactions value $: -$23,961
Form type: 4
Date filed: 12/5/2022, 05:35 PM
Previous filing: Feb 11, 2022
Next filing: Feb 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DAL	Common Stock	Tax liability	-$24K	-671	-0.36%	$35.71	185K	Dec 2, 2022	Direct	F1

* 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 shares in connection with an award of restricted common stock granted on December 4, 2019. This withholding was approved by the Personnel and Compensation Committee of Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, December 4, 2022) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, December 2, 2022, the immediately preceding business day.

Content

Shares withheld for payment of tax liability upon vesting of shares in connection with an award of restricted common stock granted on December 4, 2019. This withholding was approved by the Personnel and Compensation Committee of Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, December 4, 2022) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, December 2, 2022, the immediately preceding business day.