Edward W. Gillespie - Jan 13, 2023 Form 4 Insider Report for AT&T INC. (T)

Role
SrEVP-Ext & Legal Affairs
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 13, 2023
Transactions value $
-$135,032
Form type
4
Date filed
1/18/2023, 06:24 PM
Previous filing
Nov 2, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +7.06K +193.96% 10.7K Jan 13, 2023 Direct F1, F2
transaction T Common Stock Tax liability -$48.5K -2.48K -23.17% $19.55 8.22K Jan 13, 2023 Direct F1, F3
transaction T Common Stock Options Exercise +14.8K +179.45% 23K Jan 13, 2023 Direct F1, F4
transaction T Common Stock Tax liability -$86.5K -4.43K -19.27% $19.55 18.6K Jan 13, 2023 Direct F1, F3
holding T Common Stock 2.4K Jan 13, 2023 By 401(k) F5
holding T Common Stock 29.8K Jan 13, 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 (2021) Options Exercise -7.06K -50% 7.06K Jan 13, 2023 Common Stock 7.06K Direct F1, F2
transaction T Restricted Stock Units (2022) Options Exercise -14.8K -33.33% 29.5K Jan 13, 2023 Common Stock 14.8K Direct F1, F4
* 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-half of the units vests and distributes on each of 1/15/2023 and 1/15/2024. 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-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.
F5 Based on a 401(k) plan statement dated 11/30/2022.