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

Role
Sr. Exec VP-Human Resources
Signature
/s/ Bryan Hough, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Feb 2023
Net transactions value
-$46,123
Form type
4
Filing time
17 Feb 2023, 15:55:00 UTC
Previous filing
02 Feb 2023
Next filing
02 Mar 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 +6,090 +7.2% 90,350 15 Feb 2023 Direct F1, F2
transaction T Common Stock Tax liability $46,123 -2,396 -2.7% $19.25 87,954 15 Feb 2023 Direct F1, F3
holding T Common Stock 2,430 15 Feb 2023 By 401(k) F4
holding T Common Stock 78,195 15 Feb 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 -6,090 -100% 0 15 Feb 2023 Common Stock 6,090 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.