Jeremy Alan Legg - Jan 13, 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Technology Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 13, 2023
Transactions value $
-$193,506
Form type
4
Date filed
1/18/2023, 06:28 PM
Previous filing
Jan 4, 2023
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +11.3K +9.39% 132K Jan 13, 2023 Direct F1
transaction T Common Stock Tax liability -$72.6K -3.71K -2.82% $19.55 128K Jan 13, 2023 Direct F2
transaction T Common Stock Options Exercise +4.52K +3.53% 132K Jan 13, 2023 Direct F3
transaction T Common Stock Tax liability -$26.6K -1.36K -1.03% $19.55 131K Jan 13, 2023 Direct F2
transaction T Common Stock Options Exercise +16K +12.22% 147K Jan 13, 2023 Direct F3
transaction T Common Stock Tax liability -$94.3K -4.82K -3.28% $19.55 142K Jan 13, 2023 Direct F2
holding T Common Stock 1.74K Jan 13, 2023 By 401(k) F4
holding T Common Stock 103K 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 -11.3K -50% 11.3K Jan 13, 2023 Common Stock 11.3K Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -4.52K -33.33% 9.04K Jan 13, 2023 Common Stock 4.52K Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -16K -33.33% 32K Jan 13, 2023 Common Stock 16K 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 the units vest and distribute on each of 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.