Peter W. Carter - Dec 3, 2021 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Signature
/s/ Alan T. Rosselot, as attorney-in-fact for Peter W. Carter
Stock symbol
DAL
Transactions as of
Dec 3, 2021
Transactions value $
-$24,143
Form type
4
Date filed
12/7/2021, 03:30 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability -$24.1K -671 -0.35% $35.98 190K Dec 3, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of tax liability upon vesting of shares in connection with an award of restricted common stock granted on December 4, 2019. This withholding was approved by the Personnel and Compensation Committee of Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Saturday, December 4, 2021) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, December 3, 2021, the immediately preceding business day.