Jeremy Alan Legg - 15 Jun 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Technology Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Jun 2023
Net transactions value
-$31,403
Form type
4
Filing time
20 Jun 2023, 12:46:54 UTC
Previous filing
14 Mar 2023
Next filing
17 Jan 2024
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 +4,345 +2% 216,784 15 Jun 2023 Direct F1
transaction T Common Stock Tax liability $31,403 -1,959 -0.9% $16.03 214,825 15 Jun 2023 Direct F2
holding T Common Stock 2,924 15 Jun 2023 By 401(k) F3

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 (2020) Options Exercise -4,345 -33% 8,689 15 Jun 2023 Common Stock 4,345 Direct F1
* 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-third of the units vest and distribute on each of 6/15/2022, 6/15/2023 and 6/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 Based on a 401(k) plan statement dated 4/30/2023.