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AT&T INC. Director's Dealing 2012

Jul 3, 2012

29786_dirs_2012-07-03_fea6d616-77ff-4d96-ad3b-776fd3ced375.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: 2012-06-29

Reporting Person: STEPHENSON RANDALL L (Director, Chairman, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-29	Common Stock	A	1477.8464	$35.66	Acquired	161918.9697	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	889187	Direct
Common Stock	2918.8381	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.