Delta Airlines 2015 Annual Report Download - page 103
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ITEM9B.OTHERINFORMATION
None.
PARTIII
ITEM10.DIRECTORS,EXECUTIVEOFFICERSANDCORPORATEGOVERNANCEOFTHEREGISTRANT
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters,”“Proposal1-ElectionofDirectors-CertainInformationAbout
Nominees”and“OtherMatters-Section16BeneficialOwnershipReportingCompliance”inourProxyStatementtobefiledwiththeCommissionrelatedtoour
2016AnnualMeetingofStockholders(“ProxyStatement”),andisincorporatedbyreference.Pursuanttoinstruction3toparagraph(b)ofItem401ofRegulation
S-K,certaininformationregardingexecutiveofficersiscontainedinPartIofthisForm10-K.
ITEM11.EXECUTIVECOMPENSATION
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters-CompensationCommitteeInterlocksandInsiderParticipation,”
“ExecutiveCompensation”and“DirectorCompensation”inourProxyStatementandisincorporatedbyreference.
ITEM12.SECURITYOWNERSHIPOFCERTAINBENEFICIALOWNERSANDMANAGEMENTANDRELATEDSTOCKHOLDERMATTERS
SecuritiesAuthorizedforIssuanceUnderEquityCompensationPlans
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
December31,2015.
PlanCategory
(a)No.ofSecuritiesto
beIssuedUponExercise
ofOutstandingOptions,
WarrantsandRights(1)
(b)Weighted-Average
ExercisePriceof
OutstandingOptions,
WarrantsandRights(2)
(c)No.ofSecuritiesRemaining
AvailableforFutureIssuance
UnderEquityCompensation
Plans(ExcludingSecurities
ReflectedinColumn(a))(3)
Equitycompensationplansapprovedbysecuritiesholders 6,559,843 $ 12.09 26,839,417
Equitycompensationplansnotapprovedbysecuritiesholders — — —
Total 6,559,843 $ 12.09 26,839,417
(1) Includesamaximumof1,293,023sharesofcommonstockthatmaybeissuedupontheachievementofcertainperformanceconditionsunderoutstandingperformanceshareawardsasof
December31,2015.
(2) Includesperformanceshareawards,whichdonothaveexerciseprices.Theweightedaverageexercisepriceofoptionsis$15.05.
(3) ReflectssharesremainingavailableforissuanceunderDelta's2007PerformanceCompensationPlan.Ifanysharesofourcommonstockarecoveredbyanawardunderthe2007Planthatis
canceled,forfeitedorotherwiseterminateswithoutdeliveryofshares(includingsharessurrenderedorwithheldforpaymentoftheexercisepriceofanawardortaxesrelatedtoanaward),
thensuchshareswillagainbeavailableforissuanceunderthe2007Planexceptfor(i)anysharestenderedinpaymentofanoption,(ii)shareswithheldtosatisfyanytaxwithholding
obligationwithrespecttotheexerciseofanoptionorstockappreciationright("SAR"),or(iii)sharescoveredbyastock-settledSARorotherawardsthatwerenotissueduponthe
settlementoftheaward.Because2,489,492sharesofrestrictedstockremainunvestedandsubjecttoforfeiture,thesesharescouldagainbeavailableforissuance.
Otherinformationrequiredbythisitemissetforthundertheheading“BeneficialOwnershipofSecurities”inourProxyStatementandisincorporatedby
reference.
ITEM13.CERTAINRELATIONSHIPSANDRELATEDTRANSACTIONS,ANDDIRECTORINDEPENDENCE
Informationrequiredbythisitemissetforthundertheheadings“GovernanceMatters,”“ExecutiveCompensation-Post-EmploymentCompensation-Other
Benefits-Pre-ExistingMedicalBenefitsAgreementwithNorthwest”and“Proposal1-ElectionofDirectors”inourProxyStatementandisincorporatedby
reference.
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