Becker Michael J 4
4 · DELTA AIR LINES INC /DE/ · Filed May 5, 2009
Insider Transaction Report
Form 4
Becker Michael J
EVP & COO NWA
Transactions
- Tax Payment
Common Stock
2009-05-01$6.42/sh−17,004$109,166→ 478,243 total
Footnotes (1)
- [F1]Shares withheld for payment of tax liability upon vesting of 20% of a special, one-time restricted stock award granted in connection with Delta's merger with Northwest Airlines on October 29, 2008. This withholding was approved by the Personnel & 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).