Lori M. Lee - Nov 30, 2021 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Stock symbol
T
Transactions as of
Nov 30, 2021
Transactions value $
-$22,247
Form type
4
Date filed
12/2/2021, 07:13 PM
Previous filing
Nov 2, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award $7.5K +329 +4.5% $22.83 7.63K Nov 30, 2021 By Benefit Plan F1
transaction T Common Stock Options Exercise +1.3K 1.3K Nov 30, 2021 Direct F2
transaction T Common Stock Tax liability -$29.7K -1.3K -100% $22.83 0 Nov 30, 2021 Direct F3
holding T Common Stock 8.19K Nov 30, 2021 By 401(k) F4
holding T Common Stock 181K Nov 30, 2021 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 -1.3K -3.73% 33.6K Nov 30, 2021 Common Stock 1.3K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching contributions. Deferred stock units are settled only in stock on a 1-for-1 basis.
F2 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.
F3 Mandatory tax withholding on vested Restricted Stock Units.
F4 Based on 401(k) Plan Statement dated as of 10/31/2021.