filings.toolsItem 5. Market Information
2K characters. Original on sec.gov · Markdown
Item 5. Market Information
Issuer Purchases of Equity Securities
The following table presents information with respect to purchases of common stock we made during the December 2020 quarter. In March 2020, we suspended our share repurchase program due to the impact of the COVID-19 pandemic and are restricted from conducting share repurchases through March 2022 under the payroll support program extension. Therefore, there were no shares repurchased in the December 2020 quarter pursuant to our share repurchase program.
The table reflects shares withheld from employees to satisfy certain tax obligations due in connection with grants of stock under the Delta Air Lines, Inc. Performance Compensation Plan (the "Plan"). The Plan provides for the withholding of shares to satisfy tax obligations. It does not specify a maximum number of shares that can be withheld for this purpose. The shares of common stock withheld to satisfy tax withholding obligations may be deemed to be "issuer purchases" of shares that are required to be disclosed pursuant to this Item.
| Shares purchased / withheld from employee awards during the December 2020 quarter | |||||||||||||||||
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value (in millions) of Shares That May Yet Be Purchased Under the Plan or Programs | |||||||||||||
| October 2020 | 10,189 | $ | 31.80 | 10,189 | $ | — | |||||||||||
| November 2020 | 5,726 | $ | 35.75 | 5,726 | $ | — | |||||||||||
| December 2020 | 4,066 | $ | 41.21 | 4,066 | $ | — | |||||||||||
| Total | 19,981 | 19,981 |
Previous: Item 4. MINE SAFETY DISCLOSURES · Next: Item 6. (RESERVED)