DELTA AIR LINES INC DEL

Ticker: DAL CUSIP: 247361702 Class: COM NEW

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 1,750 Value ($000) $64 Avg Close $37.78 Range $29.01 - $44.17

Q1 2016

Shares 750 Value ($000) $37 Avg Close $41.37 Range $35.39 - $44.79

Q4 2015

Shares 875 Value ($000) $44 Avg Close $43.67 Range $38.23 - $46.66

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	1,750	$64	$37.78	$29.01 - $44.17
Q1 2016	750	$37	$41.37	$35.39 - $44.79
Q4 2015	875	$44	$43.67	$38.23 - $46.66