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

Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
30 Nov 2021
Net transactions value
-$22,247
Form type
4
Filing time
02 Dec 2021, 19:13:38 UTC
Previous filing
02 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award $7,500 +329 +4.5% $22.83 7,634 30 Nov 2021 By Benefit Plan F1
transaction T Common Stock Options Exercise +1,303 1,303 30 Nov 2021 Direct F2
transaction T Common Stock Tax liability $29,747 -1,303 -100% $22.83 0 30 Nov 2021 Direct F3
holding T Common Stock 8,190 30 Nov 2021 By 401(k) F4
holding T Common Stock 180,820 30 Nov 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 -1,303 -3.7% 33,636 30 Nov 2021 Common Stock 1,303 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.