David R. McAtee II - Jan 12, 2024 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec. VP and Gen. Counsel
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 12, 2024
Transactions value $
-$557,749
Form type
4
Date filed
1/17/2024, 05:23 PM
Previous filing
Dec 4, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +42K +62.02% 110K Jan 12, 2024 Direct F1
transaction T Common Stock Tax liability -$152K -9.24K -8.42% $16.48 100K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +18.2K +18.11% 119K Jan 12, 2024 Direct F3
transaction T Common Stock Tax liability -$65.9K -4K -3.37% $16.48 115K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +27.8K +24.26% 142K Jan 12, 2024 Direct F4
transaction T Common Stock Tax liability -$168K -10.2K -7.17% $16.48 132K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +28.1K +21.24% 160K Jan 12, 2024 Direct F5
transaction T Common Stock Tax liability -$171K -10.4K -6.48% $16.48 150K Jan 12, 2024 Direct F2
holding T Common Stock 7.34K Jan 12, 2024 By 401(k) F6
holding T Common Stock 142K Jan 12, 2024 By Benefit Plan
holding T Common Stock 479K Jan 12, 2024 By LP

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 -42K -100% 0 Jan 12, 2024 Common Stock 42K Direct F1
transaction T Restricted Stock Units (2021) Options Exercise -18.2K -100% 0 Jan 12, 2024 Common Stock 18.2K Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -27.8K -50% 27.8K Jan 12, 2024 Common Stock 27.8K Direct F4
transaction T Restricted Stock Units (2023) Options Exercise -28.1K -33.33% 56.2K Jan 12, 2024 Common Stock 28.1K Direct F5
* 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. Units vest and distribute on 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 vests and distributes on each of 1/15/2022, 1/15/2023, and 1/15/2024. 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 1/15/2023, 1/15/2024, and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F5 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.
F6 Based on a 401(k) plan statement dated 12/29/2023.