DELTA AIR LINES INC /DE/ 4
4 · DELTA AIR LINES INC /DE/ · Filed Feb 22, 2016
Insider Transaction Report
Form 4
BOSTOCK ROY J
Director
Transactions
- Sale
Common Stock
2016-02-19$46.76/sh−9,146$427,667→ 8,740 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-02-19−9,146→ 0 totalExercise: $17.81Exp: 2017-06-27→ Common Stock (9,146 underlying) - Exercise/Conversion
Common Stock
2016-02-19$17.81/sh+9,146$162,890→ 17,886 total - Gift
Common Stock
2016-02-19−4,000→ 46,770 total(indirect: By Trust)
Footnotes (3)
- [F1]The reported shares were sold in open market transactions through a broker-dealer at prices ranging from $46.76 to $46.77 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 shares were gifted from the Roy J. Bostock Revocable Living Trust to the Bostock Family Foundation, an organization exempt under Section 501(c)(3) of the Internal Revenue Code.
- [F3]The option vested 100% on October 29, 2008.