Lori M. Lee - 26 Jan 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Global Mktg Ofcr & SEVP Intl
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
26 Jan 2023
Net transactions value
-$1,457,175
Form type
4
Filing time
30 Jan 2023, 15:10:36 UTC
Previous filing
18 Jan 2023
Next filing
02 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 Award +91,786 +858% 102,481 26 Jan 2023 By Benefit Plan F1, F2
transaction T Common Stock Tax liability $722,354 -36,118 -35% $20.00 66,364 26 Jan 2023 By Benefit Plan F3
transaction T Common Stock Disposed to Issuer $734,821 -36,741 -55% $20.00 29,623 26 Jan 2023 By Benefit Plan F4
transaction T Common Stock Disposed to Issuer -18,927 -64% 10,696 26 Jan 2023 By Benefit Plan F2, F5
holding T Common Stock 9,396 26 Jan 2023 By 401(k) F6
holding T Common Stock 112,467 26 Jan 2023 Direct F5
holding T Common Stock 180,820 26 Jan 2023 By Joint Trust

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 (2023) Award $0 +64,063 $0.000000 64,063 26 Jan 2023 Common Stock 64,063 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total performance shares distributed.
F2 Each performance share is equivalent in value to a share of common stock.
F3 Mandatory tax withholding on distribution of performance shares.
F4 Represents portion of the performance shares distributed in cash, after taxes.
F5 Reflects transfer of 18,927 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.
F6 Based on a 401(k) plan statement dated 12/30/2022.
F7 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 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.