Form 4 for DAL Delta Air Lines

Accepted 2021-07-21 00:00:00 ET · period of report 2021-07-19 · accession 0001683168-21-003048 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DM	2021-07-21	2021-07-19	DAL	Janki Daniel C.	EVP, CFO	A - Grant	—	+158.6K	116.7K	New	—
D	2021-07-21	2021-07-19	DAL	Janki Daniel C.	EVP, CFO	A - Grant	$0.00	+73.7K	73.7K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-07-19	A	A	41,890	—	158,600	D	—	—	(F2) The Committee granted Mr. Janki 41,890 shares of restricted common stock under Delta's 2021 long-term incentive program. The restricted stock will vest pursuant to the terms of the applicable award agreement. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
2	Common	Common Stock	2021-07-19	A	A	116,710	—	116,710	D	—	—	(F1) The shares represent a grant of restricted common stock to Mr. Janki, as approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee"). Subject to the terms of the award, the restrictions on the shares will lapse in three equal installments on July 12, 2022, 2023 and 2024. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
3	Derivative	Employee Stock Option (right to buy)	2021-07-19	A	A	73,730	$0.00	73,730	D	$38.56 · — to 2031-07-18	73,730 Common Stock	(F3) The Committee granted Mr. Janki an option to purchase 73,730 shares of common stock under Delta's 2021 long-term incentive program. The option will vest and become exercisable in three equal installments beginning on February 1, 2022. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).