Delta Airlines 2015 Annual Report Download - page 103

TableofContents
ITEM9B.OTHERINFORMATION
None.
PARTIII
ITEM10.DIRECTORS,EXECUTIVEOFFICERSANDCORPORATEGOVERNANCEOFTHEREGISTRANT
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters,”“Proposal1-ElectionofDirectors-CertainInformationAbout
Nominees”and“OtherMatters-Section16BeneficialOwnershipReportingCompliance”inourProxyStatementtobefiledwiththeCommissionrelatedtoour
2016AnnualMeetingofStockholders(“ProxyStatement”),andisincorporatedbyreference.Pursuanttoinstruction3toparagraph(b)ofItem401ofRegulation
S-K,certaininformationregardingexecutiveofficersiscontainedinPartIofthisForm10-K.
ITEM11.EXECUTIVECOMPENSATION
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters-CompensationCommitteeInterlocksandInsiderParticipation,”
“ExecutiveCompensation”and“DirectorCompensation”inourProxyStatementandisincorporatedbyreference.
ITEM12.SECURITYOWNERSHIPOFCERTAINBENEFICIALOWNERSANDMANAGEMENTANDRELATEDSTOCKHOLDERMATTERS
SecuritiesAuthorizedforIssuanceUnderEquityCompensationPlans
The following table provides information about the number of shares of common stock that may be issued under Delta's equity compensation plans as of
December31,2015.
PlanCategory
(a)No.ofSecuritiesto
beIssuedUponExercise
ofOutstandingOptions,
WarrantsandRights(1)
(b)Weighted-Average
ExercisePriceof
OutstandingOptions,
WarrantsandRights(2)
(c)No.ofSecuritiesRemaining
AvailableforFutureIssuance
UnderEquityCompensation
Plans(ExcludingSecurities
ReflectedinColumn(a))(3)
Equitycompensationplansapprovedbysecuritiesholders 6,559,843 $ 12.09 26,839,417
Equitycompensationplansnotapprovedbysecuritiesholders — — —
Total 6,559,843 $ 12.09 26,839,417
(1) Includesamaximumof1,293,023sharesofcommonstockthatmaybeissuedupontheachievementofcertainperformanceconditionsunderoutstandingperformanceshareawardsasof
December31,2015.
(2) Includesperformanceshareawards,whichdonothaveexerciseprices.Theweightedaverageexercisepriceofoptionsis$15.05.
(3) ReflectssharesremainingavailableforissuanceunderDelta's2007PerformanceCompensationPlan.Ifanysharesofourcommonstockarecoveredbyanawardunderthe2007Planthatis
canceled,forfeitedorotherwiseterminateswithoutdeliveryofshares(includingsharessurrenderedorwithheldforpaymentoftheexercisepriceofanawardortaxesrelatedtoanaward),
thensuchshareswillagainbeavailableforissuanceunderthe2007Planexceptfor(i)anysharestenderedinpaymentofanoption,(ii)shareswithheldtosatisfyanytaxwithholding
obligationwithrespecttotheexerciseofanoptionorstockappreciationright("SAR"),or(iii)sharescoveredbyastock-settledSARorotherawardsthatwerenotissueduponthe
settlementoftheaward.Because2,489,492sharesofrestrictedstockremainunvestedandsubjecttoforfeiture,thesesharescouldagainbeavailableforissuance.
Otherinformationrequiredbythisitemissetforthundertheheading“BeneficialOwnershipofSecurities”inourProxyStatementandisincorporatedby
reference.
ITEM13.CERTAINRELATIONSHIPSANDRELATEDTRANSACTIONS,ANDDIRECTORINDEPENDENCE
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters,”“ExecutiveCompensation-Post-EmploymentCompensation-Other
Benefits-Pre-ExistingMedicalBenefitsAgreementwithNorthwest”and“Proposal1-ElectionofDirectors”inourProxyStatementandisincorporatedby
reference.
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