George N. Mattson - 17 Jun 2021 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
Director
Signature
/s/ Alan T. Rosselot as attorney-in-fact for George N. Mattson
Issuer symbol
DAL
Transactions as of
17 Jun 2021
Net transactions value
$0
Form type
4
Filing time
21 Jun 2021, 18:03:49 UTC
Previous filing
03 Jan 2022
Next filing
27 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Award +3,930 +4.7% 87,780 17 Jun 2021 Direct F1
holding DAL Common Stock 17,500 17 Jun 2021 By an LLC F2
holding DAL Common Stock 2,000 17 Jun 2021 By Wife
holding DAL Common Stock 6,000 17 Jun 2021 By Trusts F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-employee members of Delta's Board of Directors receive an annual restricted stock award valued at $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 17, 2021. The shares were acquired in a transaction exempt under Rule 16b-3(d)(1).
F2 The shares are owned by a limited liability company controlled by the Reporting Person.
F3 The shares are owned through trusts under which the wife of the Reporting Person is the trustee and children of the Reporting Person are the beneficial owners of the shares.