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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 8.81 | 04/03/2008 | A | 71,090 | (2) | 04/02/2018 | common stock | 71,090 | $ 0 (2) | 71,090 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bastian Edward H DELTA AIR LINES, INC., DEPT. 981 P.O. BOX 20574 ATLANTA, GA 30320 |
President & CFO |
Nanci Oliver Sloan as attorney-in-fact for Edward H. Bastian | 04/04/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Personnel & Compensation Committee of Delta's Board of Directors granted Mr. Bastian 83,650 shares of restricted common stock as part of his 2008 long-term incentive award opportunity. Subject to the terms of the award, including Mr. Bastian's continued employment with Delta, the restrictions on the shares will generally lapse with respect to 27,884 of the shares on April 3, 2009, and with respect to 27,883 of the shares on each of April 3, 2010 and 2011. |
(2) | The Personnel & Compensation Committee of Delta's Board of Directors granted Mr. Bastian stock options covering 71,090 shares of Delta common stock as part of his 2008 long-term incentive award opportunity. Subject to the terms of the award, including Mr. Bastian's continued employment with Delta, the stock options generally become exercisable with respect to 23,697 shares on each of April 3, 2009 and 2010, and with respect to 23,696 shares on April 3, 2011. |