4//SEC Filing
DELTA AIR LINES INC /DE/ 4
Accession 0001019687-14-000440
$DALCIK 0000027904operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 4:39 PM ET
Size
9.1 KB
Accession
0001019687-14-000440
Insider Transaction Report
Form 4
HIRST RICHARD B
SVP & GC
Transactions
- Tax Payment
Common Stock
2014-02-06$30.89/sh−28,718$887,099→ 446,750 total - Award
Common Stock
2014-02-06+59,890→ 475,468 total - Award
Common Stock
2014-02-06+41,280→ 488,030 total
Footnotes (3)
- [F1]Settlement of performance awards granted under Delta's 2012 long-term incentive program which were earned effective February 6, 2014. 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 2012 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).
- [F3]The Committee granted Mr. Hirst 41,280 shares of restricted common stock under Delta's 2014 long-term incentive program. Subject to the terms of the award, the restrictions on the shares will lapse in three equal annual installments on February 1, 2015, 2016 and 2017. Until the restrictions lapse, Mr. Hirst may not sell or transfer the shares, which will be subject to forfeiture in certain circumstances. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).
Documents
Issuer
DELTA AIR LINES INC /DE/
CIK 0000027904
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000027904
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 4:39 PM ET
- Size
- 9.1 KB