Key facts
- This page summarizes John E. Laughter's Form 3 filing for DELTA AIR LINES, INC. (DAL).
- 0 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 09 Jun 2021, 17:01.
John E. Laughter - 01 Jun 2021 Form 3 Insider Report for DELTA AIR LINES, INC. (DAL)
- Reporting relationship
- EVP - Chief of Operations
- Issuer ticker
- DAL
- Reported as of
- 01 Jun 2021
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 09 Jun 2021, 17:01:04 UTC
- Next SEC filing
- 02 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alan T. Rosselot attorney-in-fact for John E. Laughter
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John E. Laughter filed Form 3 for DELTA AIR LINES, INC. (DAL) on 09 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DAL
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 24,160
- Date
- 01 Jun 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DAL
holding
Derivative
Employee Stock Option (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,503
- Exercise price
- $49.33
- Footnotes
- F2
DAL
holding
Derivative
Employee Stock Option (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,710
- Exercise price
- $51.23
- Footnotes
- F3
DAL
holding
Derivative
Employee Stock Option (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 11,110
- Exercise price
- $50.52
- Footnotes
- F4
DAL
holding
Derivative
Employee Stock Option (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,080
- Exercise price
- $39.78
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Includes 17,540 shares of restricted common stock. Of these restricted shares, (i) 2,220 were granted to the Reporting Person on February 6, 2019 and will vest on February 1, 2022, (ii) 4,760 were granted to the Reporting Person on February 5, 2020 and will vest in two equal installments on February 1, 2022 and 2023 and (iii) 10,560 were granted on February 3, 2021 and will vest in three equal installments on February 1, 2022, 2023 and 2024. The grants of restricted stock were approved by the Personnel & Compensation Committee ("P&C Committee") of Delta's Board of Directors and are exempt from Section 16(b) of the Securities Exchange Act of 1934 ("Exchange Act") under Rule 16b-3(d)(1).
Footnote F2
Represents an option granted by the P&C Committee to the Reporting Person on February 9, 2017 to purchase 2,503 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria, which were certified by the P&C Committee on February 8, 2018. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
Footnote F3
On February 8, 2018, the P&C Committee granted to the Reporting Person an option to purchase 9,710 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria, which were certified by the P&C Committee on February 6, 2019. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
Footnote F4
On February 6, 2019, the P&C Committee granted to the Reporting Person an option to purchase 11,110 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria. Because the performance criteria were met, as certified by the P&C Committee on February 5, 2020, the option as to 7,407 shares has vested; the option for the remaining 3,703 shares will vest on February 1, 2022. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
Footnote F5
On February 3, 2021, the P&C Committee granted to the Reporting Person an option to purchase 9,080 shares of common stock under the 2021 long-term incentive program. The option vests in three equal installments on February 1, 2022, 2023 and 2024. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
SEC remarks
Exhibit 24 - Power of Attorney