DELTA AIR LINES INC /DE/ 4/A
4/A · DELTA AIR LINES INC /DE/ · Filed Nov 3, 2008
Insider Transaction Report
Form 4/AAmended
Becker Michael J
EVP & COO NWA
Transactions
- Award
Employee Stock Option (Right to Buy)
2008-10-29+53,227→ 53,227 totalExercise: $18.15From: 2008-10-29Exp: 2017-06-13→ common stock (53,227 underlying)
Footnotes (1)
- [F1]Represents acquisition of stock options covering shares of Delta common stock upon conversion of stock options covering shares of Northwest Airlines Corp. ("Northwest") common stock as a result of the merger between Nautilus Merger Corporation, a wholly-owned subsidiary of Delta, and Northwest (the "Merger"). This acquisition was approved by Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d). This amended Form 4 corrects the original Form 4 which reported the number of options covering shares of Northwest stock that were held prior to the Merger (42,582) rather than the number of options covering shares of Delta common stock following conversion of the options as a result of the Merger (53,227).