Sec Form 3 Filing - Ausband Allison C @ DELTA AIR LINES, INC. - 2021-06-01

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Ausband Allison C 2. Issuer Name and Ticker or Trading Symbol DELTA AIR LINES, INC. [ DAL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP-Chief Cust Experience Offr (Last) (First) (Middle) C/O DELTA AIR LINES, INC. DEPT 981, P.O. BOX 20574 3. Date of Earliest Transaction (MM/DD/YY) 06/01/2021 (Street) ATLANTA, GA30320 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 33,908 ( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (right to buy) $ 49.33 ( 2 ) 02/01/2027 Common Stock 7,510 D Employee Stock Option (right to buy) $ 51.23 ( 3 ) 02/07/2028 Common Stock 9,710 D Employee Stock Option (right to buy) $ 50.52 ( 4 ) 02/05/2029 Common Stock 11,110 D Employee Stock Option (right to buy) $ 39.78 ( 5 ) 02/03/2031 Common Stock 7,260 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ausband Allison C C/O DELTA AIR LINES, INC. DEPT 981 P.O. BOX 20574 ATLANTA, GA30320 EVP-Chief Cust Experience Offr Signatures /s/ Alan T. Rosselot attorney-in-fact for Allison C. Ausband 06/09/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 14,476 shares of restricted common stock. Of these restricted shares, (i) 2,220 were granted to the Reporting Person on February 6, 2019 and will vest on February 1, 2022, (ii) 3,806 were granted to the Reporting Person on February 5, 2020 and will vest in two equal installments on February 1, 2022 and 2023 and (iii) 8,450 were granted on February 3, 2021 and will vest in three equal installments on February 1, 2022, 2023 and 2024. The grants of restricted stock were approved by the Personnel & Compensation Committee ("P&C Committee") of Delta's Board of Directors and are exempt from Section 16(b) of the Securities Exchange Act of 1934 ("Exchange Act") under Rule 16b-3(d)(1). ( 2 )On February 9, 2017, the P&C Committee granted to the Reporting Person an option to purchase 7,510 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria, which were certified by the P&C Committee on February 8, 2018. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). ( 3 )On February 8, 2018, the P&C Committee granted to the Reporting Person an option to purchase 9,710 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria, which were certified by the P&C Committee on February 6, 2019. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). ( 4 )On February 6, 2019, the P&C Committee granted to the Reporting Person an option to purchase 11,110 shares of common stock. The option vested subject to Delta's satisfaction of certain performance criteria. Because the performance criteria were met, as certified by the P&C Committee on February 5, 2020, the option as to 7,407 shares has vested; the option for the remaining 3,703 shares will vest on February 1, 2022. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). ( 5 )On February 3, 2021, the P&C Committee granted to the Reporting Person an option to purchase 7,260 shares of common stock under the 2021 long-term incentive program. The option vests in three equal installments on February 1, 2022, 2023 and 2024. This grant is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).

Remarks: Exhibit 24 - Power of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.