4//SEC Filing
DELTA AIR LINES INC /DE/ 4
Accession 0001019687-15-000484
$DALCIK 0000027904operating
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:32 PM ET
Size
9.0 KB
Accession
0001019687-15-000484
Insider Transaction Report
Form 4
HIRST RICHARD B
SVP & GC
Transactions
- Award
Common Stock
2015-02-05+21,023→ 282,799 total - Award
Common Stock
2015-02-05+27,640→ 300,358 total - Tax Payment
Common Stock
2015-02-05$46.14/sh−10,081$465,137→ 272,718 total
Footnotes (3)
- [F1]Settlement of performance awards granted under Delta's transition award program which were earned effective February 5, 2015. 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 transition award 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 27,640 shares of restricted common stock under Delta's 2015 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, 2016, 2017 and 2018. 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 8, 7:00 PM ET
- Accepted
- Feb 9, 4:32 PM ET
- Size
- 9.0 KB