0001683168-21-000418.txt : 20210205
0001683168-21-000418.hdr.sgml : 20210205
20210205172722
ACCESSION NUMBER: 0001683168-21-000418
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210203
FILED AS OF DATE: 20210205
DATE AS OF CHANGE: 20210205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sear Steven M
CENTRAL INDEX KEY: 0001666169
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05424
FILM NUMBER: 21597442
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.
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 LINES INC /DE/
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: DELTA AIR CORP
DATE OF NAME CHANGE: 19660908
4
1
ownership.xml
X0306
4
2021-02-03
0
0000027904
DELTA AIR LINES, INC.
DAL
0001666169
Sear Steven M
C/O DELTA AIR LINES, INC.
P.O. BOX 20574, DEPT. 981
ATLANTA
GA
30320
0
1
0
0
EVP Global Sales
Common Stock
2021-02-03
4
A
0
19106
A
97037
D
Common Stock
2021-02-03
4
F
0
6977
39.78
D
90060
D
Common Stock
2021-02-03
4
A
0
23260
A
113320
D
Employee Stock Option (right to buy)
39.78
2021-02-03
4
A
0
37820
0
A
2031-02-02
Common Stock
37820
37820
D
Settlement of performance awards granted under Delta's 2018 long-term incentive program which were earned effective February 3, 2021. 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)(1).
Shares withheld for payment of tax liability upon settlement of the performance awards earned under Delta's 2018 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. Sear 23,260 shares of restricted common stock under Delta's 2021 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)(1).
On February 3, 2021, the Committee granted Mr. Sear an option to purchase 37,820 shares of common stock under the 2021 long-term incentive program. The option vests in three equal installments beginning on February 1, 2022. 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)(1).
/s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear
2021-02-05