4//SEC Filing
Samant Rahul D 4
Accession 0001683168-25-000832
CIK 0000027904other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:30 PM ET
Size
16.4 KB
Accession
0001683168-25-000832
Insider Transaction Report
Form 4
Samant Rahul D
EVP & Chief Info Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2025-02-05−11,270→ 0 totalExercise: $49.33Exp: 2027-02-08→ Common Stock (11,270 underlying) - Exercise/Conversion
Common Stock
2025-02-05$49.33/sh+11,270$555,949→ 47,159 total - Sale
Common Stock
2025-02-05$69.09/sh−11,270$778,622→ 35,889 total - Award
Common Stock
2025-02-05+68,809→ 121,598 total - Sale
Common Stock
2025-02-05$69.07/sh−6,700$462,742→ 35,889 total - Award
Common Stock
2025-02-05+16,900→ 52,789 total - Tax Payment
Common Stock
2025-02-05$69.06/sh−30,786$2,126,081→ 90,812 total
Footnotes (5)
- [F1]The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.070 to $69.130 per share, inclusive. 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 Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Samant 16,900 shares of restricted common stock under Delta's 2025 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1).
- [F3]Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2022 long-term incentive program, upon certification by the Committee on February 5, 2025 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
- [F4]Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2022 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e).
- [F5]The option is currently exercisable.
Documents
Issuer
DELTA AIR LINES, INC.
CIK 0000027904
Entity typeother
Related Parties
1- filerCIK 0001726120
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 4:30 PM ET
- Size
- 16.4 KB