Daniel C. Janki - Feb 1, 2024 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Signature
/s/ Alan T. Rosselot as attorney-in-fact for Daniel C. Janki
Stock symbol
DAL
Transactions as of
Feb 1, 2024
Transactions value $
-$492,706
Form type
4
Date filed
2/2/2024, 04:30 PM
Previous filing
Aug 21, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability -$130K -3.27K -1.79% $39.76 180K Feb 1, 2024 Direct F1
transaction DAL Common Stock Tax liability -$135K -3.4K -1.89% $39.76 176K Feb 1, 2024 Direct F2
transaction DAL Common Stock Tax liability -$227K -5.72K -3.25% $39.76 170K Feb 1, 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 July 19, 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).