Form 4 for DAL Delta Air Lines

Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-14 · accession 0001683168-23-004213 · 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
M	2023-06-16	2023-06-14	DAL	Spanos Mike	EVP, COO	A - Grant	—	+80.0K	47.4K	New	—

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	2023-06-14	A	A	32,600	—	80,010	D	—	—	(F2) The Committee granted Mr. Spanos 32,600 shares of restricted common stock under Delta's 2023 long-term incentive program. The shares will vest pursuant to the terms of the applicable award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
2	Common	Common Stock	2023-06-14	A	A	47,410	—	47,410	D	—	—	(F1) The shares represent a grant of restricted common stock to Mr. Spanos, 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 June 12, 2024, 2025 and 2026. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).