Lori M. Lee - 14 Jan 2022 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Starlene Meyerkord, Attorney-in-Fact
Issuer symbol
T
Transactions as of
14 Jan 2022
Net transactions value
-$67,053
Form type
4
Filing time
19 Jan 2022, 19:38:07 UTC
Previous filing
04 Jan 2022
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +11,212 11,212 14 Jan 2022 Direct F1
transaction T Common Stock Tax liability $67,053 -2,467 -22% $27.18 8,745 14 Jan 2022 Direct F2
holding T Common Stock 8,191 14 Jan 2022 By 401(k) F3
holding T Common Stock 7,938 14 Jan 2022 By Benefit Plan
holding T Common Stock 180,820 14 Jan 2022 By Joint Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction T Restricted Stock Units (2021) Options Exercise -11,212 -33% 22,424 14 Jan 2022 Common Stock 11,212 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2022, 1/15/2023, and 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 Based on a 401(k) plan statement as of 12/31/2021.