MICHAEL B. MCCALLISTER - 31 Jan 2022 Form 4 Insider Report for AT&T INC. (T)

Role: Director
Signature: /s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol: T
Transactions as of: 31 Jan 2022
Net transactions value: +$52,360
Form type: 4
Filing time: 02 Feb 2022, 18:15:47 UTC
Previous filing: 02 Nov 2021
Next filing: 10 Feb 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	$17,493	+686	+12%	$25.50	6,413	31 Jan 2022	Direct	F1
holding	T	Common Stock						43,074	31 Jan 2022	By Family Trust
holding	T	Common Stock						290	31 Jan 2022	By Spouse
holding	T	Common Stock						7,000	31 Jan 2022	By 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	Deferred Stock Units	Award	$34,867	+1,367	+2%	$25.50	68,420	31 Jan 2022	Common Stock	1,367		By Benefit Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquisition of shares at fair market value in lieu of retainer fees pursuant to the AT&T Inc. Non-Employee Director Stock Purchase Plan.
F2	Acquisition of deferred stock units pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.