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

Role
Chief Marketing & Growth Ofcr
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
13 Jan 2023
Net transactions value
-$108,854
Form type
4
Filing time
18 Jan 2023, 18:26:45 UTC
Previous filing
04 Jan 2023
Next filing
16 Feb 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 Options Exercise +8,474 +8.2% 111,644 13 Jan 2023 Direct F1
transaction T Common Stock Tax liability $46,803 -2,394 -2.1% $19.55 109,250 13 Jan 2023 Direct F2
transaction T Common Stock Options Exercise +1,232 +1.1% 110,482 13 Jan 2023 Direct F3
transaction T Common Stock Tax liability $5,845 -299 -0.27% $19.55 110,183 13 Jan 2023 Direct F2
transaction T Common Stock Options Exercise +11,806 +11% 121,989 13 Jan 2023 Direct F3
transaction T Common Stock Tax liability $56,206 -2,875 -2.4% $19.55 119,114 13 Jan 2023 Direct F2
holding T Common Stock 1,109 13 Jan 2023 By 401(k) F4
holding T Common Stock 8,504 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 (2021) Options Exercise -8,474 -50% 8,475 13 Jan 2023 Common Stock 8,474 Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -1,232 -33% 2,466 13 Jan 2023 Common Stock 1,232 Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -11,806 -33% 23,610 13 Jan 2023 Common Stock 11,806 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.