Angela Santone - Feb 15, 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP-Human Resources
Signature
/s/ Bryan Hough, Attorney-in-fact
Stock symbol
T
Transactions as of
Feb 15, 2023
Transactions value $
-$46,123
Form type
4
Date filed
2/17/2023, 03:55 PM
Previous filing
Feb 2, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +6.09K +7.23% 90.4K Feb 15, 2023 Direct F1, F2
transaction T Common Stock Tax liability -$46.1K -2.4K -2.65% $19.25 88K Feb 15, 2023 Direct F1, F3
holding T Common Stock 2.43K Feb 15, 2023 By 401(k) F4
holding T Common Stock 78.2K Feb 15, 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 -6.09K -100% 0 Feb 15, 2023 Common Stock 6.09K Direct F1, F2
* 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 AT&T 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 2/15/2021, 2/15/2022 and 2/15/2023. Vesting (but not distribution) is accelerated on retirement eligibility.
F3 Mandatory tax withholding on distribution of performance shares.
F4 Based on a 401(k) plan statement dated 12/30/2022.