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Sage Asset Management, L.P.
> DAL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2013 | DELTA AIR LINES, INC. | DAL | 47,800 | -100,200 | 1,128,000 | -1,641,000 | $23.60 |
| 06/30/2013 | DELTA AIR LINES, INC. | DAL | 148,000 | -105,950 | 2,769,000 | -245,000 | $18.71 |
| 03/31/2013 | DELTA AIR LINES, INC. | DAL | 121,700 | -132,250 | 2,009,000 | -1,005,000 | $16.51 |
| 12/31/2012 | DELTA AIR LINES, INC. | DAL | 253,950 | 74,000 | 3,014,000 | 1,366,000 | $11.87 |
| 09/30/2012 | DELTA AIR LINES, INC. | DAL | 179,950 | -51,000 | 1,648,000 | -881,000 | $9.16 |
| 06/30/2012 | DELTA AIR LINES, INC. | DAL | 230,950 | -54,200 | 2,529,000 | -298,000 | $10.95 |
| 03/31/2012 | DELTA AIR LINES, INC. | DAL | 285,150 | 18,350 | 2,827,000 | 669,000 | $9.91 |
| 12/31/2011 | DELTA AIR LINES, INC. | DAL | 266,800 | -53,500 | 2,158,000 | -244,000 | $8.09 |
| 09/30/2011 | DELTA AIR LINES, INC. | DAL | 320,300 | 153,800 | 2,402,000 | 875,000 | $7.50 |
| 06/30/2011 | DELTA AIR LINES, INC. | DAL | 166,500 | 166,500 | 1,527,000 | 1,527,000 | $9.17 |
| 03/31/2011 | DELTA AIR LINES, INC. | DAL | 0 | -355,200 | 0 | -4,476,000 | |
| 12/31/2010 | DELTA AIR LINES, INC. | DAL | 355,200 | 45,700 | 4,476,000 | 873,000 | $12.60 |
| 09/30/2010 | DELTA AIR LINES, INC. | DAL | 309,500 | 212,500 | 3,603,000 | 2,188,000 | $11.64 |
| 03/31/2010 | DELTA AIR LINES, INC. | DAL | 97,000 | 5,700 | 1,415,000 | 376,000 | $14.59 |
| 12/31/2009 | DELTA AIR LINES, INC. | DAL | 91,300 | -36,100 | 1,039,000 | -103,000 | $11.38 |
| 09/30/2009 | DELTA AIR LINES, INC. | DAL | 127,400 | 127,400 | 1,142,000 | 1,142,000 | $8.96 |
| 06/30/2009 | DELTA AIR LINES, INC. | DAL | 0 | -346,100 | 0 | -1,949,000 | |
| 03/31/2009 | DELTA AIR LINES, INC. | DAL | 346,100 | 159,600 | 1,949,000 | -188,000 | $5.63 |
| 12/31/2008 | DELTA AIR LINES, INC. | DAL | 186,500 | 186,500 | 2,137,000 | 2,137,000 | $11.46 |
| 03/31/2008 | DELTA AIR LINES, INC. | DAL | 0 | -652,100 | 0 | -9,710,000 | |
| 12/31/2007 | DELTA AIR LINES, INC. | DAL | 652,100 | -62,500 | 9,710,000 | -3,117,000 | $14.89 |
| 09/30/2007 | DELTA AIR LINES, INC. | DAL | 714,600 | 373,600 | 12,827,000 | 6,109,000 | $17.95 |
| 06/30/2007 | DELTA AIR LINES, INC. | DAL | 341,000 | 341,000 | 6,718,000 | 6,718,000 | $19.70 |
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