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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
priceline.com Incorporated
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(Name of Issuer)
common stock, par value $.008 per share
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(Title of Class of Securities)
741503106
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(CUSIP Number)
Robert S. Harkey, Esquire
Senior Vice President - General Counsel
Delta Air Lines, Inc.
Hartsfield Atlanta International Airport
Atlanta, Georgia 30320
(404) 715-2387
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 2, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
(Page 1 of 4 pages)
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SCHEDULE 13D
<TABLE>
<S> <C>
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CUSIP NO. 741503106 Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Delta Air Lines, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
7,405,067
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 7,405,067
WITH ----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,405,067
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
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14 TYPE OF REPORTING PERSON*
CO
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 741503106 Page 3 of 4 Pages
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This Amendment No. 7 to Schedule 13D relating to the common stock
of priceline.com Incorporated, a Delaware corporation ("priceline"), is being
filed on behalf of Delta Air Lines, Inc., a Delaware corporation ("Delta"), to
amend the Schedule 13D which was originally filed with the Securities and
Exchange Commission ("SEC") on July 21, 1999 and which was amended on July 30,
1999, August 19, 1999, November 17, 1999, November 18, 1999, November 24, 1999
and December 1, 1999 (the "Schedule 13D"). Unless otherwise indicated, all
capitalized terms used herein but not defined herein shall have the meaning as
set forth in the Schedule 13D.
ITEM 5 INTEREST IN SECURITIES OF PRICELINE.COM
Item 5 is hereby amended by adding the following information:
On December 2, 1999, Delta sold 1,195,000 shares of priceline's
common stock in transactions on the Nasdaq National Market, at an average price
per share of approximately $64.1294, for an aggregate sales price of
$76,634,688 (the "Open Market Sales").
As a result of the Open Market Sales, Delta is the beneficial
owner, pursuant to Rule 13d-3(d)(1), of 7,405,067 shares of priceline's common
stock. The shares beneficially owned by Delta represent approximately 4.5% of
the 163,217,026 shares of priceline's common stock which priceline indicated to
Delta were outstanding on November 16, 1999.
As a result of the foregoing, Delta ceased to be the beneficial
owner of more than 5.0% of priceline's common stock on December 2, 1999.
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CUSIP NO. 741503106 Page 4 of 4 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: December 6, 1999 Delta Air Lines, Inc.
By: /s/ M. Michele Burns
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M. Michele Burns
Vice President and Treasurer
