Sergio Rial - 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 Sergio Rial
Issuer symbol
DAL
Transactions as of
16 Jun 2022
Net transactions value
-$34,875
Form type
4
Filing time
21 Jun 2022, 16:34:18 UTC
Previous filing
21 Jun 2021
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Award +6,430 +28% 29,001 16 Jun 2022 Direct F1
transaction DAL Common Stock Tax liability $34,875 -1,179 -4.1% $29.58 27,822 16 Jun 2022 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 $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 Shares withheld for payment of tax liability upon vesting of the restricted stock award granted on June 17, 2021. 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).