F. Thaddeus Arroyo - 13 Jan 2023 Form 4 Insider Report for AT&T INC. (T)

Role: Chief Strategy & Dev Officer
Signature: /s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol: T
Transactions as of: 13 Jan 2023
Net transactions value: -$1,092,962
Form type: 4
Filing time: 18 Jan 2023, 18:22:26 UTC
Previous filing: 04 Jan 2023
Next filing: 30 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	T	Common Stock	Tax liability	$508,104	-25,990	-31%	$19.55	58,754	13 Jan 2023	Direct	F1
transaction	T	Common Stock	Options Exercise		+31,999	+54%		90,753	13 Jan 2023	Direct	F2
transaction	T	Common Stock	Tax liability	$231,472	-11,840	-13%	$19.55	78,913	13 Jan 2023	Direct	F3
transaction	T	Common Stock	Options Exercise		+22,266	+28%		101,179	13 Jan 2023	Direct	F4
transaction	T	Common Stock	Tax liability	$161,072	-8,239	-8.1%	$19.55	92,940	13 Jan 2023	Direct	F3
transaction	T	Common Stock	Options Exercise		+26,585	+29%		119,525	13 Jan 2023	Direct	F5
transaction	T	Common Stock	Tax liability	$192,313	-9,837	-8.2%	$19.55	109,688	13 Jan 2023	Direct	F3
holding	T	Common Stock						338	13 Jan 2023	By 401(k)	F6
holding	T	Common Stock						13,265	13 Jan 2023	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 (2019)	Options Exercise		-31,999	-100%		0	13 Jan 2023	Common Stock	31,999		Direct	F2
transaction	T	Restricted Stock Units (2021)	Options Exercise		-22,266	-50%		22,265	13 Jan 2023	Common Stock	22,266		Direct	F4
transaction	T	Restricted Stock Units (2022)	Options Exercise		-26,585	-33%		53,171	13 Jan 2023	Common Stock	26,585		Direct	F5

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

Explanation of Responses:

Id	Content
F1	Mandatory tax withholding on distribution of Restricted Stock.
F2	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 1/15/2023. Vesting (but not distribution) is accelerated on retirement eligibility.
F3	Mandatory tax withholding on distribution of Restricted Stock Units.
F4	Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-half of units vest and distribute on each 1/15/2023 and 1/15/2024. 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 1/15/2023, 1/15/2024 and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F6	Based on a 401(k) plan statement dated 11/30/2022.