Filing Details
- Accession Number:
- 0001019687-12-000347
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-06 16:34:20
- Reporting Period:
- 2012-02-02
- Filing Date:
- 2012-02-06
- Accepted Time:
- 2012-02-06 16:34:20
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 27904 | Delta Air Lines Inc | DAL | Air Transportation, Scheduled (4512) | 580218548 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1196272 | H Michael Campbell | C/O Delta Air Lines, Inc., Dept. 981 P.o. Box 20574 Atlanta, GA 30320 | Evp - Hr & Labor Relations | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-02-02 | 70,382 | $0.00 | 344,347 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2012-02-02 | 29,877 | $11.10 | 314,470 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2012-02-02 | 83,340 | $0.00 | 397,810 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2012-02-02 | 50,000 | $11.04 | 347,810 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- Settlement of performance awards granted under Delta's 2010 long-term incentive program which were earned effective February 2, 2012. The grant of the performance awards 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 Rule 16b-3(d).
- Shares withheld for payment of tax liability upon settlement of the performance awards earned under Delta's 2010 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).
- The Committee granted Mr. Campbell 83,340 shares of restricted common stock under Delta's 2012 long-term incentive program. Subject to the terms of the award, including Mr. Campbell's continued employment with Delta, the restrictions on the shares will lapse with respect to 50 percent of the shares on each of February 1, 2013 and February 1, 2014. Until the restrictions lapse, Mr. Campbell may not sell or transfer the shares, which will be subject to forfeiture in certain circumstances
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