SMITH JOHN F JR 4
4 · DELTA AIR LINES INC /DE/ · Filed Jul 1, 2005
Insider Transaction Report
Form 4
SMITH JOHN F JR
Director
Transactions
- Award
Common Stock
2005-07-01$3.72/sh+7,225$26,877→ 43,450 total - Award
Phantom Stock Units
2005-07-01$3.72/sh+1,694$6,302→ 3,883 total→ Common Stock (1,694 underlying)
Footnotes (2)
- [F1]Shares acquired under Delta's Non-employee Directors' Stock Plan in a transaction exempt under Rule 16b-3(d).
- [F2]Phantom Stock Units were accrued under Delta's Non-employee Directors' Deferred Compensation Plan in a transaction exempt under Rule 16b-3(d). They are convertible into Delta common stock on a 1-for-1 basis. The deferred amounts will be paid, in cash, to the reporting person after he completes his service as a member of Delta's Board of Directors.