STANKEY JOHN T. - 30 Nov 2022 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
30 Nov 2022
Net transactions value
-$122,794
Form type
4
Filing time
02 Dec 2022, 14:20:27 UTC
Previous filing
02 Nov 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise $0 +6,369 +6% $0.000000 112,523 30 Nov 2022 Direct F1, F2
transaction T Common Stock Tax liability $122,794 -6,369 -5.7% $19.28 106,154 30 Nov 2022 Direct F1, F3
holding T Common Stock 12,237 30 Nov 2022 By 401(k) F4
holding T Common Stock 64,405 30 Nov 2022 By Benefit Plan
holding T Common Stock 321,867 30 Nov 2022 By Family Trust
holding T Common Stock 120,000 30 Nov 2022 By LP

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 -6,369 -3.7% 164,381 30 Nov 2022 Common Stock 6,369 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an anti-dilution adjustment made in connection with the WarnerMedia/Discovery transaction pursuant to the terms of the 2018 Incentive Plan.
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 1/15/2023, 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.