Becker Michael J 4
4 · DELTA AIR LINES INC /DE/ · Filed Jan 30, 2009
Insider Transaction Report
Form 4
Becker Michael J
EVP & COO NWA
Transactions
- Award
common stock
2009-01-30+90,580→ 495,247 total
Footnotes (1)
- [F1]The Personnel & Compensation Committee of Delta's Board of Directors granted Mr. Becker 90,580 shares of restricted common stock under Delta's 2009 long-term incentive program. Subject to the terms of the award, including Mr. Becker's continued employment with Delta, the restrictions on the shares will lapse with respect to 50 percent of the shares on each of February 1, 2010 and 2011. Until the restrictions lapse, Mr. Becker may not sell or transfer the shares, which will be subject to forfeiture in certain circumstances.