Delta Airlines 2008 Annual Report Download - page 32

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Table of Contents
Index to Financial Statements
Issuer Purchases of Equity Securities
The following shares of Common Stock were withheld to satisfy tax withholding obligations during the December 2008 quarter from the distributions
described below. These shares may be deemed to be "issuer purchases" of shares that are required to be disclosed pursuant to this Item.
Period
Total
Number of
Shares
Purchased(1)
Average
Price Paid
Per Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs(1)
Maximum Number of
Shares (or Approximate
Dollar Value) of Shares
That May Yet Be
Purchased Under the
Plan or Programs
October 1-31, 2008 5,142,826 $ 7.99 5,142,826 (1)
November 1-30, 2008 13,037,499 11.52 13,037,499 (1)
December 1-31, 2008 22,775 7.98 22,775 (1)
Total 18,203,100 $ 10.52 18,203,100
(1) Shares were withheld from employees to satisfy certain tax obligations due in connection with grants of stock under our 2007 Performance Compensation Plan and in connection with
bankruptcy claims under Delta's Plan of Reorganization. The 2007 Performance Compensation Plan and Delta's Plan of Reorganization both provide for the withholding of shares to
satisfy tax obligations. Neither specify a maximum number of shares that can be withheld for this purpose. See Note 11 and Note 12 of the Notes to the Consolidated Financial Statements
elsewhere in this Form 10-K for more information about Delta's Plan of Reorganization and the 2007 Performance Compensation Plan, respectively.
27