David S. Huntley - 13 Jan 2023 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
13 Jan 2023
Net transactions value
-$140,584
Form type
4
Filing time
18 Jan 2023, 18:25:50 UTC
Previous filing
04 Jan 2023
Next filing
16 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +14,656 +16% 103,940 13 Jan 2023 Direct F1, F2
transaction T Common Stock Tax liability $63,049 -3,225 -3.1% $19.55 100,715 13 Jan 2023 Direct F1, F3
transaction T Common Stock Options Exercise +5,439 +5.4% 106,154 13 Jan 2023 Direct F1, F4
transaction T Common Stock Tax liability $23,401 -1,197 -1.1% $19.55 104,957 13 Jan 2023 Direct F1, F3
transaction T Common Stock Options Exercise +12,582 +12% 117,539 13 Jan 2023 Direct F1, F5
transaction T Common Stock Tax liability $54,134 -2,769 -2.4% $19.55 114,770 13 Jan 2023 Direct F1, F3
holding T Common Stock 8,956 13 Jan 2023 By 401(k) F6
holding T Common Stock 34,140 13 Jan 2023 By Benefit Plan
holding T Common Stock 21 13 Jan 2023 By IRA

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 -14,656 -100% 0 13 Jan 2023 Common Stock 14,656 Direct F1, F2
transaction T Restricted Stock Units (2021) Options Exercise -5,439 -50% 5,439 13 Jan 2023 Common Stock 5,439 Direct F1, F4
transaction T Restricted Stock Units (2022) Options Exercise -12,582 -33% 25,166 13 Jan 2023 Common Stock 12,582 Direct F1, F5
* 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. 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-third of the units vests and distributes on each of 1/15/2022, 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 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.
F6 Based on a 401(k) plan statement dated 11/30/2022.