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

Role
CEO, AT&T Communications, LLC
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Stock symbol
T
Transactions as of
Nov 30, 2021
Transactions value $
-$38,828
Form type
4
Date filed
12/2/2021, 07:16 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 $24K +1.05K +1.54% $22.83 69.1K Nov 30, 2021 By Benefit Plan F1
transaction T Common Stock Options Exercise +2.75K +3.8% 75.3K Nov 30, 2021 Direct F2
transaction T Common Stock Tax liability -$62.8K -2.75K -3.66% $22.83 72.5K Nov 30, 2021 Direct F3
holding T Common Stock 4.26K Nov 30, 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 -2.75K -3.73% 71K Nov 30, 2021 Common Stock 2.75K 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.