Kenny Kellyn Smith - Jan 13, 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Marketing & Growth Ofcr
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 13, 2023
Transactions value $
-$108,854
Form type
4
Date filed
1/18/2023, 06:26 PM
Previous filing
Jan 4, 2023
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 +8.47K +8.21% 112K Jan 13, 2023 Direct F1
transaction T Common Stock Tax liability -$46.8K -2.39K -2.14% $19.55 109K Jan 13, 2023 Direct F2
transaction T Common Stock Options Exercise +1.23K +1.13% 110K Jan 13, 2023 Direct F3
transaction T Common Stock Tax liability -$5.85K -299 -0.27% $19.55 110K Jan 13, 2023 Direct F2
transaction T Common Stock Options Exercise +11.8K +10.71% 122K Jan 13, 2023 Direct F3
transaction T Common Stock Tax liability -$56.2K -2.88K -2.36% $19.55 119K Jan 13, 2023 Direct F2
holding T Common Stock 1.11K Jan 13, 2023 By 401(k) F4
holding T Common Stock 8.5K 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 -8.47K -50% 8.48K Jan 13, 2023 Common Stock 8.47K Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -1.23K -33.32% 2.47K Jan 13, 2023 Common Stock 1.23K Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -11.8K -33.34% 23.6K Jan 13, 2023 Common Stock 11.8K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 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.
F4 Based on a 401(k) plan statement dated 11/30/2022.