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DAL

DELTA AIR LINES, INC.

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Tapewire entity
3029
SEC CIK
0000027904
Parsed reports
573

Last 12 months

Inside the activity.

0 purchase rows · 32 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202500
Jan 202608
Feb 2026010
Mar 202600
Apr 202602
May 202606
Jun 202600
Jul 202600
Aug 202606
Sep 202600
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Smith Joanne DEVP & Chief People Officer
GrantCommon Stock 27,910 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000419 · ownership.xml · nonDerivative · entry 3

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 138,430

F3 · shares: The Committee granted Ms. Smith 27,910 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).

F3 · price: The Committee granted Ms. Smith 27,910 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Smith Joanne DEVP & Chief People Officer
Tax withholdingCommon Stock 9,800 $39.78 $389,844.00
Disclosure

SEC source: 0001683168-21-000419 · ownership.xml · nonDerivative · entry 2

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,520

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Smith Joanne DEVP & Chief People Officer
GrantCommon Stock 23,882 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000419 · ownership.xml · nonDerivative · entry 1

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,320

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Sear Steven MEVP Global Sales
GrantEmployee Stock Option (right to buy) · Derivative 37,820 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000418 · ownership.xml · derivative · entry 4

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,820

Underlying: Common Stock · 37,820 shares

Expires 2031-02-02

F4 · derivative.exercise_date: 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).

F4 · balance_after: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Sear Steven MEVP Global Sales
GrantCommon Stock 23,260 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000418 · ownership.xml · nonDerivative · entry 3

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,320

F3 · shares: 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).

F3 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Sear Steven MEVP Global Sales
Tax withholdingCommon Stock 6,977 $39.78 $277,545.06
Disclosure

SEC source: 0001683168-21-000418 · ownership.xml · nonDerivative · entry 2

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,060

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:27 UTC
Sear Steven MEVP Global Sales
GrantCommon Stock 19,106 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000418 · ownership.xml · nonDerivative · entry 1

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,037

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Samant Rahul DEVP & Chief Info Officer
GrantEmployee Stock Option (right to buy) · Derivative 45,380 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000417 · ownership.xml · derivative · entry 4

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,380

Underlying: Common Stock · 45,380 shares

Expires 2031-02-02

F4 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Samant an option to purchase 45,380 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).

F4 · balance_after: On February 3, 2021, the Committee granted Mr. Samant an option to purchase 45,380 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Samant Rahul DEVP & Chief Info Officer
GrantCommon Stock 27,910 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000417 · ownership.xml · nonDerivative · entry 3

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,064

F3 · shares: The Committee granted Mr. Samant 27,910 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).

F3 · price: The Committee granted Mr. Samant 27,910 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Samant Rahul DEVP & Chief Info Officer
Tax withholdingCommon Stock 7,300 $39.78 $290,394.00
Disclosure

SEC source: 0001683168-21-000417 · ownership.xml · nonDerivative · entry 2

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,154

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Samant Rahul DEVP & Chief Info Officer
GrantCommon Stock 19,106 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000417 · ownership.xml · nonDerivative · entry 1

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,454

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
GrantEmployee Stock Option (right to buy) · Derivative 37,820 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000416 · ownership.xml · derivative · entry 4

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,820

Underlying: Common Stock · 37,820 shares

Expires 2031-02-02

F4 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Lentsch 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).

F4 · balance_after: On February 3, 2021, the Committee granted Mr. Lentsch 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
GrantCommon Stock 23,260 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000416 · ownership.xml · nonDerivative · entry 3

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,335

F3 · shares: The Committee granted Mr. Lentsch 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).

F3 · price: The Committee granted Mr. Lentsch 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
Tax withholdingCommon Stock 3,306 $39.78 $131,512.68
Disclosure

SEC source: 0001683168-21-000416 · ownership.xml · nonDerivative · entry 2

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,075

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
GrantCommon Stock 10,810 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000416 · ownership.xml · nonDerivative · entry 1

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,381

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC GrantEmployee Stock Option (right to buy) · Derivative 134,760 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000415 · ownership.xml · derivative · entry 4

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 134,760

Underlying: Common Stock · 134,760 shares

Expires 2031-02-02

F4 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Hauenstein an option to purchase 134,760 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).

F4 · balance_after: On February 3, 2021, the Committee granted Mr. Hauenstein an option to purchase 134,760 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC GrantCommon Stock 56,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000415 · ownership.xml · nonDerivative · entry 3

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 332,246

F3 · shares: The Committee granted Mr. Hauenstein 56,000 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).

F3 · price: The Committee granted Mr. Hauenstein 56,000 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC Tax withholdingCommon Stock 23,129 $39.78 $920,071.62
Disclosure

SEC source: 0001683168-21-000415 · ownership.xml · nonDerivative · entry 2

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 276,246

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC GrantCommon Stock 51,283 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000415 · ownership.xml · nonDerivative · entry 1

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 299,375

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Chase Garrett L.Int Co-CFO SVP Bus Dev & FPA
GrantEmployee Stock Option (right to buy) · Derivative 9,080 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000414 · ownership.xml · derivative · entry 2

Chase Garrett L. · CIK 0001832377 · Int Co-CFO SVP Bus Dev & FPA

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,080

Underlying: Common Stock · 9,080 shares

Expires 2031-02-02

F2 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Chase an option to purchase 9,080 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).

F2 · balance_after: On February 3, 2021, the Committee granted Mr. Chase an option to purchase 9,080 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:26 UTC
Chase Garrett L.Int Co-CFO SVP Bus Dev & FPA
GrantCommon Stock 10,560 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000414 · ownership.xml · nonDerivative · entry 1

Chase Garrett L. · CIK 0001832377 · Int Co-CFO SVP Bus Dev & FPA

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,531

F1 · shares: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Chase 10,560 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).

F1 · price: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Chase 10,560 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carter Peter WEVP and Chief Legal Officer
GrantEmployee Stock Option (right to buy) · Derivative 46,890 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000413 · ownership.xml · derivative · entry 4

Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,890

Underlying: Common Stock · 46,890 shares

Expires 2031-02-02

F4 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Carter an option to purchase 46,890 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carter Peter WEVP and Chief Legal Officer
GrantCommon Stock 67,800 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000413 · ownership.xml · nonDerivative · entry 3

Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,891

F3 · shares: The Committee granted Mr. Carter 67,800 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).

F3 · price: The Committee granted Mr. Carter 67,800 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carter Peter WEVP and Chief Legal Officer
Tax withholdingCommon Stock 9,992 $39.78 $397,481.76
Disclosure

SEC source: 0001683168-21-000413 · ownership.xml · nonDerivative · entry 2

Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,091

F2 · shares: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carter Peter WEVP and Chief Legal Officer
GrantCommon Stock 24,359 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000413 · ownership.xml · nonDerivative · entry 1

Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,083

F1 · shares: 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).

F1 · price: 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
GrantEmployee Stock Option (right to buy) · Derivative 9,080 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000412 · ownership.xml · derivative · entry 2

Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,080

Underlying: Common Stock · 9,080 shares

Expires 2031-02-02

F2 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Carroll an option to purchase 9,080 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).

F2 · balance_after: On February 3, 2021, the Committee granted Mr. Carroll an option to purchase 9,080 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
GrantCommon Stock 10,560 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000412 · ownership.xml · nonDerivative · entry 1

Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,041

F1 · price: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Carroll 10,560 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).

Read SEC document
February 03, 2021 Filed Feb 5, 2021 22:25 UTC
BELLEMARE ALAINEVP & Pres. - International
GrantEmployee Stock Option (right to buy) · Derivative 68,060 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000411 · ownership.xml · derivative · entry 2

BELLEMARE ALAIN · CIK 0001449365 · EVP & Pres. - International

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,060

Underlying: Common Stock · 68,060 shares

Expires 2031-02-02

F2 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Bellemare an option to purchase 68,060 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).

F2 · balance_after: On February 3, 2021, the Committee granted Mr. Bellemare an option to purchase 68,060 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).

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February 03, 2021 Filed Feb 5, 2021 22:25 UTC
BELLEMARE ALAINEVP & Pres. - International
GrantCommon Stock 41,860 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000411 · ownership.xml · nonDerivative · entry 1

BELLEMARE ALAIN · CIK 0001449365 · EVP & Pres. - International

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,990

F1 · shares: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Bellemare 41,860 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).

F1 · price: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Bellemare 41,860 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).

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February 03, 2021 Filed Feb 5, 2021 22:24 UTC
Bastian Edward HDirector · Chief Executive Officer
GrantEmployee Stock Option (right to buy) · Derivative 249,550 $0.00 Strike: $39.78 $0.00
Disclosure

SEC source: 0001683168-21-000410 · ownership.xml · derivative · entry 4

Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 249,550

Underlying: Common Stock · 249,550 shares

Expires 2031-02-02

F4 · derivative.exercise_date: On February 3, 2021, the Committee granted Mr. Bastian an option under the 2021 long-term incentive program to purchase 249,550 shares of common stock. 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).

F4 · balance_after: On February 3, 2021, the Committee granted Mr. Bastian an option under the 2021 long-term incentive program to purchase 249,550 shares of common stock. 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).

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February 03, 2021 Filed Feb 5, 2021 22:24 UTC
Bastian Edward HDirector · Chief Executive Officer
GrantCommon Stock 103,700 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000410 · ownership.xml · nonDerivative · entry 3

Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 468,067

F3 · shares: The Committee granted Mr. Bastian 103,700 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).

F3 · price: The Committee granted Mr. Bastian 103,700 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).

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February 03, 2021 Filed Feb 5, 2021 22:24 UTC
Bastian Edward HDirector · Chief Executive Officer
Tax withholdingCommon Stock 44,520 $39.78 $1,771,005.60
Disclosure

SEC source: 0001683168-21-000410 · ownership.xml · nonDerivative · entry 2

Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 364,367

F2 · shares: 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).

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February 03, 2021 Filed Feb 5, 2021 22:24 UTC
Bastian Edward HDirector · Chief Executive Officer
GrantCommon Stock 98,291 Not disclosed Not disclosed
Disclosure

SEC source: 0001683168-21-000410 · ownership.xml · nonDerivative · entry 1

Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 408,887

F1 · shares: 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).

F1 · price: 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).

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February 02, 2021 Filed Feb 4, 2021 21:15 UTC
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
SaleCommon Stock 2,689 $38.55 $103,660.95
Disclosure

SEC source: 0001683168-21-000390 · ownership.xml · nonDerivative · entry 1

Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,481

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February 01, 2021 Filed Feb 2, 2021 23:21 UTC
Smith Joanne DEVP & Chief People Officer
Tax withholdingCommon Stock 1,892 $37.82 $71,555.44
Disclosure

SEC source: 0001683168-21-000370 · ownership.xml · nonDerivative · entry 3

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,438

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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February 01, 2021 Filed Feb 2, 2021 23:21 UTC
Smith Joanne DEVP & Chief People Officer
Tax withholdingCommon Stock 2,206 $37.82 $83,430.92
Disclosure

SEC source: 0001683168-21-000370 · ownership.xml · nonDerivative · entry 2

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,330

F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 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).

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February 01, 2021 Filed Feb 2, 2021 23:21 UTC
Smith Joanne DEVP & Chief People Officer
Tax withholdingCommon Stock 1,935 $37.82 $73,181.70
Disclosure

SEC source: 0001683168-21-000370 · ownership.xml · nonDerivative · entry 1

Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,536

F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding 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 Rules 16b-3(d)(1) and 16b-3(e).

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February 01, 2021 Filed Feb 2, 2021 23:17 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
Tax withholdingCommon Stock 1,603 $37.82 $60,625.46
Disclosure

SEC source: 0001683168-21-000363 · ownership.xml · nonDerivative · entry 3

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,571

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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February 01, 2021 Filed Feb 2, 2021 23:17 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
Tax withholdingCommon Stock 1,484 $37.82 $56,124.88
Disclosure

SEC source: 0001683168-21-000363 · ownership.xml · nonDerivative · entry 2

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,174

F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 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).

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February 01, 2021 Filed Feb 2, 2021 23:17 UTC
Lentsch William PEVP & Chf Cust Experience Ofcr
Tax withholdingCommon Stock 973 $37.82 $36,798.86
Disclosure

SEC source: 0001683168-21-000363 · ownership.xml · nonDerivative · entry 1

Lentsch William P · CIK 0001752218 · EVP & Chf Cust Experience Ofcr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,658

F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding 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 Rules 16b-3(d)(1) and 16b-3(e).

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February 01, 2021 Filed Feb 2, 2021 23:20 UTC
Sear Steven MEVP Global Sales
Tax withholdingCommon Stock 2,061 $37.82 $77,947.02
Disclosure

SEC source: 0001683168-21-000369 · ownership.xml · nonDerivative · entry 3

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,931

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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February 01, 2021 Filed Feb 2, 2021 23:20 UTC
Sear Steven MEVP Global Sales
Tax withholdingCommon Stock 1,922 $37.82 $72,690.04
Disclosure

SEC source: 0001683168-21-000369 · ownership.xml · nonDerivative · entry 2

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,992

F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 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).

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February 01, 2021 Filed Feb 2, 2021 23:20 UTC
Sear Steven MEVP Global Sales
Tax withholdingCommon Stock 2,024 $37.82 $76,547.68
Disclosure

SEC source: 0001683168-21-000369 · ownership.xml · nonDerivative · entry 1

Sear Steven M · CIK 0001666169 · EVP Global Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,914

F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding 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 Rules 16b-3(d)(1) and 16b-3(e).

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February 01, 2021 Filed Feb 2, 2021 23:19 UTC
Samant Rahul DEVP & Chief Info Officer
Tax withholdingCommon Stock 1,892 $37.82 $71,555.44
Disclosure

SEC source: 0001683168-21-000368 · ownership.xml · nonDerivative · entry 3

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,348

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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February 01, 2021 Filed Feb 2, 2021 23:19 UTC
Samant Rahul DEVP & Chief Info Officer
Tax withholdingCommon Stock 1,838 $37.82 $69,513.16
Disclosure

SEC source: 0001683168-21-000368 · ownership.xml · nonDerivative · entry 2

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,240

F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 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).

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February 01, 2021 Filed Feb 2, 2021 23:19 UTC
Samant Rahul DEVP & Chief Info Officer
Tax withholdingCommon Stock 1,573 $37.82 $59,490.86
Disclosure

SEC source: 0001683168-21-000368 · ownership.xml · nonDerivative · entry 1

Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,078

F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding 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 Rules 16b-3(d)(1) and 16b-3(e).

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February 01, 2021 Filed Feb 2, 2021 22:59 UTC Tax withholdingCommon Stock 5,688 $37.82 $215,120.16
Disclosure

SEC source: 0001683168-21-000361 · ownership.xml · nonDerivative · entry 3

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 248,092

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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February 01, 2021 Filed Feb 2, 2021 22:59 UTC Tax withholdingCommon Stock 6,630 $37.82 $250,746.60
Disclosure

SEC source: 0001683168-21-000361 · ownership.xml · nonDerivative · entry 2

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,780

F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 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).

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February 01, 2021 Filed Feb 2, 2021 22:59 UTC Tax withholdingCommon Stock 3,983 $37.82 $150,637.06
Disclosure

SEC source: 0001683168-21-000361 · ownership.xml · nonDerivative · entry 1

HAUENSTEIN GLEN W · CIK 0001193002 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 260,410

F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding 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 Rules 16b-3(d)(1) and 16b-3(e).

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February 01, 2021 Filed Feb 2, 2021 22:55 UTC
Carter Peter WEVP and Chief Legal Officer
Tax withholdingCommon Stock 1,955 $37.82 $73,938.10
Disclosure

SEC source: 0001683168-21-000357 · ownership.xml · nonDerivative · entry 3

Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 108,724

F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 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).

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.