DELTA AIR LINES INC /DE/ 4
4 · DELTA AIR LINES INC /DE/ · Filed Jul 29, 2013
Insider Transaction Report
Form 4
CAMPBELL MICHAEL H
EVP-HR & Labor Relations
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2013-07-26−130,000→ 260,000 totalExercise: $7.99Exp: 2018-10-28→ Common Stock (130,000 underlying) - Exercise/Conversion
Common Stock
2013-07-26$7.99/sh+130,000$1,038,700→ 431,339 total - Sale
Common Stock
2013-07-26$21.91/sh−130,000$2,847,650→ 301,339 total
Footnotes (2)
- [F1]The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $21.90 to $21.94 per share. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.
- [F2]The option vested 20% on May 1, 2009, 20% on November 1, 2009, 20% on May 1, 2010 and 40% on November 1, 2011.