AT&T INC. — Director's Dealing 2012

Jul 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2012-06-29

Reporting Person: STANKEY JOHN T (Group Pres. & Chief Strat Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-29	Common Stock	A	245.3728	$35.66	Acquired	46931.4509	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	184830	Direct
Common Stock	3727.5947	Indirect
Common Stock	211186	Indirect

Footnotes

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