Jeremy Alan Legg - 15 Jun 2022 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Jun 2022
Net transactions value
-$38,083
Form type
4
Filing time
02 Oct 2023, 16:07:31 UTC
Previous filing
02 Jun 2022
Next filing
05 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +4,345 +2% 219,170 15 Jun 2022 Direct F1
transaction T Common Stock Tax liability $38,083 -1,959 -0.89% $19.44 217,211 15 Jun 2022 Direct F2
holding T Common Stock 3,110 15 Jun 2022 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 -50% 4,344 15 Jun 2022 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 8/31/2023.