George N. Mattson - 16 Jun 2022 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
16 Jun 2022
Net transactions value
$0
Form type
4
Filing time
21 Jun 2022, 16:34:16 UTC
Previous filing
13 Jun 2022
Next filing
05 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Award +6,430 +7.3% 94,210 16 Jun 2022 Direct F1
holding DAL Common Stock 17,500 16 Jun 2022 By an LLC F2
holding DAL Common Stock 2,000 16 Jun 2022 By Wife
holding DAL Common Stock 6,000 16 Jun 2022 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 $190,000. 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 16, 2022. 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.