David R. McAtee II - 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
-$106,682
Form type
4
Filing time
19 Jan 2022, 19:40:25 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 +15,480 +7.4% 225,237 14 Jan 2022 Direct F1
transaction T Common Stock Tax liability $106,682 -3,925 -1.7% $27.18 221,312 14 Jan 2022 Direct F2
holding T Common Stock 5,065 14 Jan 2022 By 401(k) F3
holding T Common Stock 95,505 14 Jan 2022 By Benefit Plan

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 -15,480 -33% 30,961 14 Jan 2022 Common Stock 15,480 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 units vest and distribute 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.