Halter Hank 4
4 · DELTA AIR LINES INC /DE/ · Filed Feb 6, 2012
Insider Transaction Report
Form 4
Halter Hank
Senior Vice President & CFO
Transactions
- Tax Payment
Common Stock
2012-02-02$11.10/sh−29,877$331,635→ 159,467 total - Award
Common Stock
2012-02-02+70,382→ 189,344 total
Footnotes (2)
- [F1]Settlement of performance awards granted under Delta's 2010 long-term incentive program which were earned effective February 2, 2012. The grant of the performance awards 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 Rule 16b-3(d).
- [F2]Shares withheld for payment of tax liability upon settlement of the performance awards earned under Delta's 2010 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).