David R. McAtee II - Jan 13, 2023 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 13, 2023
Transactions value $
-$613,303
Form type
4
Date filed
1/18/2023, 06:30 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 +50.7K +15.74% 373K Jan 13, 2023 Direct F1, F2
transaction T Common Stock Tax liability -$247K -12.6K -3.38% $19.55 361K Jan 13, 2023 Direct F1, F3
transaction T Common Stock Options Exercise +18.9K +5.24% 379K Jan 13, 2023 Direct F1, F4
transaction T Common Stock Tax liability -$144K -7.38K -1.94% $19.55 372K Jan 13, 2023 Direct F1, F3
transaction T Common Stock Options Exercise +28.9K +7.76% 401K Jan 13, 2023 Direct F1, F5
transaction T Common Stock Tax liability -$222K -11.4K -2.83% $19.55 390K Jan 13, 2023 Direct F1, F3
holding T Common Stock 6.04K Jan 13, 2023 By 401(k) F6
holding T Common Stock 201K 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 (2019) Options Exercise -50.7K -100% 0 Jan 13, 2023 Common Stock 50.7K Direct F1, F2
transaction T Restricted Stock Units (2021) Options Exercise -18.9K -50% 18.9K Jan 13, 2023 Common Stock 18.9K Direct F1, F4
transaction T Restricted Stock Units (2022) Options Exercise -28.9K -33.33% 57.8K Jan 13, 2023 Common Stock 28.9K 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 units vest and distribute 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.