0001683168-19-000296.txt : 20190207
0001683168-19-000296.hdr.sgml : 20190207
20190207163813
ACCESSION NUMBER: 0001683168-19-000296
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190206
FILED AS OF DATE: 20190207
DATE AS OF CHANGE: 20190207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Smith Joanne D
CENTRAL INDEX KEY: 0001620414
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05424
FILM NUMBER: 19575641
MAIL ADDRESS:
STREET 1: C/O DELTA AIR LINES, INC.
STREET 2: P.O. BOX 20574, DEPT. 981
CITY: ATLANTA
STATE: GA
ZIP: 30320
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DELTA AIR LINES INC /DE/
CENTRAL INDEX KEY: 0000027904
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512]
IRS NUMBER: 580218548
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: HARTSFIELD-JACKSON ATLANTA INTL AIRPORT
STREET 2: 1030 DELTA BOULEVARD
CITY: ATLANTA
STATE: GA
ZIP: 30354-1989
BUSINESS PHONE: 4047152600
MAIL ADDRESS:
STREET 1: P.O. BOX 20706
STREET 2: DEPT 981
CITY: ATLANTA
STATE: GA
ZIP: 30320-6001
FORMER COMPANY:
FORMER CONFORMED NAME: DELTA AIR CORP
DATE OF NAME CHANGE: 19660908
4
1
ownership.xml
X0306
4
2019-02-06
0
0000027904
DELTA AIR LINES INC /DE/
DAL
0001620414
Smith Joanne D
C/O DELTA AIR LINES, INC.
P.O. BOX 20574, DEPT. 981
ATLANTA
GA
30320
0
1
0
0
EVP & Chief HR Officer
Common Stock
2019-02-06
4
A
0
36792
A
122019
D
Common Stock
2019-02-06
4
F
0
16399
50.52
D
105620
D
Common Stock
2019-02-06
4
A
0
21980
A
127600
D
Employee Stock Option (right to buy)
51.23
2019-02-06
4
A
0
50570
0
A
2019-02-06
2028-02-06
Common Stock
50570
50570
D
Settlement of performance awards granted under Delta's 2016 long-term incentive program which were earned effective February 6, 2019. 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 2016 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 Ms. Smith 21,980 shares of restricted common stock under Delta's 2019 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).
On February 8, 2018, the Committee granted Ms. Smith an option to purchase 50,570 shares of common stock. The option vests based on Delta's satisfaction of certain performance criteria. Because the performance criteria were met, the option as to 16,857 shares vested, and the option for the remaining 33,713 shares will vest in equal installments on February 1, 2020 and February 1, 2021. The performance criteria was certified by the Committee on February 6, 2019. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).
/s/ Jan M. Davidson as attorney-in-fact for Joanne D. Smith
2019-02-07