Sanders S. Sabrina - Jan 12, 2024 Form 4 Insider Report for AT&T INC. (T)

Role
SVP-ChiefActngOfcr&Controller
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 12, 2024
Transactions value $
-$82,466
Form type
4
Date filed
1/17/2024, 05:26 PM
Previous filing
Jan 3, 2024
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 +3.06K +2.88% 109K Jan 12, 2024 Direct F1
transaction T Common Stock Tax liability -$14.9K -907 -0.83% $16.48 108K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +3.78K +3.48% 112K Jan 12, 2024 Direct F1
transaction T Common Stock Tax liability -$18.5K -1.12K -1% $16.48 111K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +4.72K +4.25% 116K Jan 12, 2024 Direct F3
transaction T Common Stock Tax liability -$20.6K -1.25K -1.08% $16.48 115K Jan 12, 2024 Direct F2
transaction T Common Stock Options Exercise +7.08K +6.18% 122K Jan 12, 2024 Direct F4
transaction T Common Stock Tax liability -$28.4K -1.73K -1.42% $16.48 120K Jan 12, 2024 Direct F2
holding T Common Stock 3.18K Jan 12, 2024 By 401(k) F5
holding T Common Stock 5.68K Jan 12, 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 -3.06K -100% 0 Jan 12, 2024 Common Stock 3.06K Direct F1
transaction T Restricted Stock Units (2021) Options Exercise -3.78K -100% 0 Jan 12, 2024 Common Stock 3.78K Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -4.72K -50.01% 4.72K Jan 12, 2024 Common Stock 4.72K Direct F3
transaction T Restricted Stock Units (2023) Options Exercise -7.08K -33.33% 14.2K Jan 12, 2024 Common Stock 7.08K 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. 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.
F3 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 vests and distributes on each of 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.