Jeffery S. McElfresh - 12 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Operating Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
12 Jan 2024
Net transactions value
-$771,445
Form type
4
Filing time
17 Jan 2024, 17:24:44 UTC
Previous filing
03 Jan 2024
Next filing
29 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 +45,510 +19% 281,882 12 Jan 2024 Direct F1, F2
transaction T Common Stock Tax liability $165,014 -10,013 -3.6% $16.48 271,869 12 Jan 2024 Direct F1, F3
transaction T Common Stock Options Exercise +28,893 +11% 300,762 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $138,795 -8,422 -2.8% $16.48 292,340 12 Jan 2024 Direct F3
transaction T Common Stock Options Exercise +40,588 +14% 332,928 12 Jan 2024 Direct F5
transaction T Common Stock Tax liability $247,497 -15,018 -4.5% $16.48 317,910 12 Jan 2024 Direct F3
transaction T Common Stock Options Exercise +36,101 +11% 354,011 12 Jan 2024 Direct F6
transaction T Common Stock Tax liability $220,140 -13,358 -3.8% $16.48 340,653 12 Jan 2024 Direct F1, F3
holding T Common Stock 6,448 12 Jan 2024 By 401(k) F7
holding T Common Stock 139,672 12 Jan 2024 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 (2020) Options Exercise -45,510 -100% 0 12 Jan 2024 Common Stock 45,510 Direct F1, F2
transaction T Restricted Stock Units (2021) Options Exercise -28,893 -100% 0 12 Jan 2024 Common Stock 28,893 Direct F4
transaction T Restricted Stock Units (2022) Options Exercise -40,588 -50% 40,590 12 Jan 2024 Common Stock 40,588 Direct F5
transaction T Restricted Stock Units (2023) Options Exercise -36,101 -33% 72,203 12 Jan 2024 Common Stock 36,101 Direct F6
* 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 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.
F3 Mandatory tax withholding on distribution of Restricted Stock Units.
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 1/15/2022, 1/15/2023 and 1/15/2024. 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 1/15/2023, 1/15/2024, and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F6 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.
F7 Based on a 401(k) plan statement dated 12/29/2023.