Pascal Desroches - 15 Feb 2022 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Feb 2022
Transactions value $
-$370,917
Form type
4
Filing time
17 Feb 2022, 17:20:50 UTC
Previous filing
02 Feb 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +8.29K +4.05% 213K 15 Feb 2022 Direct F1
transaction T Common Stock Tax liability -$74.6K -3.07K -1.44% $24.34 210K 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +1.08K +0.51% 211K 15 Feb 2022 Direct F1
transaction T Common Stock Tax liability -$9.71K -399 -0.19% $24.34 211K 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +1.98K +0.94% 213K 15 Feb 2022 Direct F3
transaction T Common Stock Tax liability -$10.6K -435 -0.2% $24.34 212K 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +21.2K +10.01% 233K 15 Feb 2022 Direct F4
transaction T Common Stock Tax liability -$129K -5.32K -2.28% $24.34 228K 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +16.3K +7.14% 244K 15 Feb 2022 Direct F5
transaction T Common Stock Tax liability -$147K -6.02K -2.46% $24.34 238K 15 Feb 2022 Direct F2
holding T Common Stock 1.06K 15 Feb 2022 By 401(k) F6
holding T Common Stock 1.56K 15 Feb 2022 By Benefit Plan

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 (2016) Options Exercise -8.29K -100% 0 15 Feb 2022 Common Stock 8.29K Direct F1
transaction T Restricted Stock Units (2017) Options Exercise -1.08K -100% 0 15 Feb 2022 Common Stock 1.08K Direct F1
transaction T Restricted Stock Units (2018) Options Exercise -1.98K -100% 0 15 Feb 2022 Common Stock 1.98K Direct F3
transaction T Restricted Stock Units (2019) Options Exercise -21.2K -50% 21.2K 15 Feb 2022 Common Stock 21.2K Direct F4
transaction T Restricted Stock Units (2020) Options Exercise -16.3K -33.33% 32.6K 15 Feb 2022 Common Stock 16.3K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units acquired pursuant to the Time Warner Inc. 2013 Stock Incentive Plan and converted into AT&T restricted stock units. Each unit will convert into one share of issuer's common stock plus $37.22. Units vest and distribute as 2/15/2022. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 2/15/2022. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute 21,241 on 2/15/2022 and 2/15/2023. Vesting (but not distribution) is accelerated on retirement eligibility.
F5 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 vest and distribute on each of 2/15/2022, 2/15/2023, and 2/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F6 Based on a 401(k) plan statement dated 1/31/2022.