0001683168-22-000909.txt : 20220211
0001683168-22-000909.hdr.sgml : 20220211
20220211175357
ACCESSION NUMBER: 0001683168-22-000909
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220209
FILED AS OF DATE: 20220211
DATE AS OF CHANGE: 20220211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Laughter John E
CENTRAL INDEX KEY: 0001864030
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05424
FILM NUMBER: 22623227
MAIL ADDRESS:
STREET 1: P.O. BOX 20574
STREET 2: C/O DELTA AIR LINES, INC. 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
2022-02-09
0
0000027904
DELTA AIR LINES, INC.
DAL
0001864030
Laughter John E
C/O DELTA AIR LINES, INC., DEPT 981
P.O. BOX 20574
ATLANTA
GA
30320
0
1
0
0
EVP & Chief of Operations
Common Stock
2022-02-09
4
A
0
7840
A
30148
D
Common Stock
2022-02-09
4
F
0
3165
43.88
D
26983
D
Employee Stock Option (right to buy)
58.89
2022-02-09
4
A
0
13460
0
A
2022-02-09
2030-02-04
Common Stock
13460
13460
D
Settlement of performance awards granted under Delta's 2019 long-term incentive program which were earned effective February 9, 2022. 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 2019 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).
On February 5, 2020, the Committee granted Mr. Laughter an option to purchase 13,460 shares of common stock. The option vests based on Delta's satisfaction of certain performance criteria. The performance criteria was certified by the Committee on February 9, 2022. Because the performance criteria were met, the option as to 8,974 shares vested, and the option for the remaining 4,486 shares will vest on February 1, 2023. 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/ Alan T. Rosselot as attorney-in-fact for John E. Laughter
2022-02-11