F. Thaddeus Arroyo - Nov 30, 2022 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Strategy & Dev Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Nov 30, 2022
Transactions value $
-$37,975
Form type
4
Date filed
12/2/2022, 02:03 PM
Previous filing
Nov 2, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award $21.6K +1.12K +10.21% $19.28 12.1K Nov 30, 2022 By Benefit Plan F1
transaction T Common Stock Options Exercise $0 +3.09K +3.65% $0.00 87.8K Nov 30, 2022 Direct F2
transaction T Common Stock Tax liability -$59.6K -3.09K -3.52% $19.28 84.7K Nov 30, 2022 Direct F3
holding T Common Stock 338 Nov 30, 2022 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 (2022) Options Exercise -3.09K -3.73% 79.8K Nov 30, 2022 Common Stock 3.09K 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 vest and distribute on each of 1/15/2023, 1/15/2024 and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F3 Mandatory tax withholding on vested Restricted Stock Units.
F4 Based on a 401(k) plan statement dated 10/31/2022.