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

Signature
/s/ Starlene Meyerkord, Attorney-in-Fact
Stock symbol
T
Transactions as of
Jan 14, 2022
Transactions value $
-$67,053
Form type
4
Date filed
1/19/2022, 07:38 PM
Previous filing
Jan 4, 2022
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +11.2K 11.2K Jan 14, 2022 Direct F1
transaction T Common Stock Tax liability -$67.1K -2.47K -22% $27.18 8.75K Jan 14, 2022 Direct F2
holding T Common Stock 8.19K Jan 14, 2022 By 401(k) F3
holding T Common Stock 7.94K Jan 14, 2022 By Benefit Plan
holding T Common Stock 181K Jan 14, 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 -11.2K -33.33% 22.4K Jan 14, 2022 Common Stock 11.2K 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.