Alain M. Bellemare - 01 Feb 2024 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Signature
/s/ Alan T. Rosselot as attorney-in-fact for Alain M. Bellemare
Issuer symbol
DAL
Transactions as of
01 Feb 2024
Net transactions value
-$637,909
Form type
4
Filing time
02 Feb 2024, 16:30:41 UTC
Previous filing
26 Jan 2024
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability $186,594 -4,693 -3.3% $39.76 139,565 01 Feb 2024 Direct F1
transaction DAL Common Stock Tax liability $203,174 -5,110 -3.7% $39.76 134,455 01 Feb 2024 Direct F2
transaction DAL Common Stock Tax liability $248,142 -6,241 -4.6% $39.76 128,214 01 Feb 2024 Direct F3
* 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 a portion of the restricted stock award granted on February 3, 2021 under Delta's 2021 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
F2 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 9, 2022 under Delta's 2022 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
F3 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on April 19, 2023 under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).