Jeffery S. McElfresh - 30 Nov 2021 Form 4 Insider Report for AT&T INC. (T)

Role
CEO, AT&T Communications, LLC
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
30 Nov 2021
Net transactions value
-$38,828
Form type
4
Filing time
02 Dec 2021, 19:16:18 UTC
Previous filing
02 Nov 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award $24,000 +1,051 +1.5% $22.83 69,121 30 Nov 2021 By Benefit Plan F1
transaction T Common Stock Options Exercise +2,752 +3.8% 75,266 30 Nov 2021 Direct F2
transaction T Common Stock Tax liability $62,828 -2,752 -3.7% $22.83 72,514 30 Nov 2021 Direct F3
holding T Common Stock 4,264 30 Nov 2021 By 401(k) F4

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 -2,752 -3.7% 71,033 30 Nov 2021 Common Stock 2,752 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.