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AT&T INC. Director's Dealing 2011

Oct 4, 2011

29786_dirs_2011-10-04_8023c836-63f8-4117-b75f-1fe4856ed79f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2011-09-30

Reporting Person: MILLER FORREST E (Grp.Pres.-Corp. Strat. & Dev.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-30	Common Stock	A	292.7768	$28.52	Acquired	56574.1002	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	123190	Direct
Common Stock	1749.0616	Indirect
Common Stock	170419	Indirect
Common Stock	85	Indirect

Footnotes

F1: Represents shares purchased by the reporting person with automatic payroll deductions and partial company matching contributions in the form of deferred stock units settled only in stock on a 1-for-1 basis.