Sergio Rial - Jun 17, 2021 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
Director
Signature
/s/ Alan T. Rosselot as attorney-in-fact for Sergio Rial
Stock symbol
DAL
Transactions as of
Jun 17, 2021
Transactions value $
-$76,081
Form type
4
Date filed
6/21/2021, 06:04 PM
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Award +3.93K +19.31% 24.3K Jun 17, 2021 Direct F1
transaction DAL Common Stock Tax liability -$76.1K -1.71K -7.03% $44.57 22.6K Jun 17, 2021 Direct F2
* 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 Shares withheld for payment of tax liability upon vesting of the restricted stock award granted on June 18, 2020. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt under Rules 16b-3(d)(1) and 16b-3(e).