Rial Sergio 4
4 · DELTA AIR LINES INC /DE/ · Filed Jul 2, 2018
Insider Transaction Report
Form 4
Rial Sergio
Director
Transactions
- Tax Payment
Common Stock
2018-06-29$49.54/sh−978$48,450→ 13,523 total - Award
Common Stock
2018-06-28+3,520→ 14,501 total
Footnotes (2)
- [F1]Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 28, 2018. The shares were acquired in a transaction exempt under Rule 16b-3(d).
- [F2]Shares withheld for payment of tax liability upon vesting of the restricted stock award granted on June 30, 2017. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt under Rules 16b-3(d)(1) and 16b-3(e).