Jeremy Alan Legg - 12 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
12 Jan 2024
Net transactions value
-$229,814
Form type
4
Filing time
17 Jan 2024, 17:22:44 UTC
Previous filing
20 Jun 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +11,300 +5.2% 228,511 12 Jan 2024 Direct F1
transaction T Common Stock Tax liability $62,196 -3,774 -1.7% $16.48 224,737 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +4,520 +2% 229,257 12 Jan 2024 Direct F3
transaction T Common Stock Tax liability $22,232 -1,349 -0.59% $16.48 227,908 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +16,022 +7% 243,930 12 Jan 2024 Direct F3
transaction T Common Stock Tax liability $78,791 -4,781 -2% $16.48 239,149 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +13,541 +5.7% 252,690 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $66,596 -4,041 -1.6% $16.48 248,649 12 Jan 2024 Direct F2
holding T Common Stock 3,163 12 Jan 2024 By 401(k) F5

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 (2021) Options Exercise -11,300 -100% 0 12 Jan 2024 Common Stock 11,300 Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -4,520 -50% 4,520 12 Jan 2024 Common Stock 4,520 Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -16,022 -50% 16,020 12 Jan 2024 Common Stock 16,022 Direct F3
transaction T Restricted Stock Units (2023) Options Exercise -13,541 -33% 27,084 12 Jan 2024 Common Stock 13,541 Direct F4
* 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-half of the units vest and distribute on each of 1/15/2023 and 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 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 1/15/2023, 1/15/2024 and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 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.
F5 Based on a 401(k) plan statement dated 12/29/2023.