Geoffrey Y. Yang - 29 Apr 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
29 Apr 2022
Net transactions value
+$11,655
Form type
4
Filing time
03 May 2022, 18:39:31 UTC
Previous filing
12 Apr 2022
Next filing
10 May 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 $11,655 +618 +3.2% $18.86 19,982 29 Apr 2022 Direct F1
holding T Common Stock 101,220 29 Apr 2022 By Family Trust
holding T Common Stock 77,011 29 Apr 2022 By IRA
holding T Common Stock 29,815 29 Apr 2022 By Limited Partnership F2
holding T Common Stock 33,558 29 Apr 2022 By Limited Partnership F3

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
holding T Deferred Stock Units 40,857 29 Apr 2022 Common Stock 40,857 By Benefit Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Geoffrey Y. Yang is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Shares owned by a family limited partnership of which the reporting person and his spouse are the general partners and of which the Yang Family Trust UDT 4/11/94 is the sole limited partner.
F3 Shares owned by a limited partnership; the general partner is the reporting person's daughter and the three limited partners of the LP are trusts. The reporting person disclaims beneficial ownership of the AT&T Inc. common stock held by the LP except to the extent of his pecuniary interest therein.
F4 Deferred stock units acquired 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.

Remarks:

The reporting person resigned as a director of AT&T Inc. on April 8, 2022 in connection with the closing of the WarnerMedia/Discovery transaction to join the board of directors of Warner Bros. Discovery.