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AT&T INC. Director's Dealing 2012

Mar 14, 2012

29786_dirs_2012-03-14_1bdbe3fc-3ef7-4ff5-ac9b-b08e1871f91b.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: 2012-03-12

Reporting Person: WATTS DONALD W (Sr. Exec. VP and Gen. Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-12 Common Stock F 1830.9206 $31.44 Disposed 22860.0774 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 109608 Direct
Common Stock 6869.5715 Indirect

Footnotes

F1: Mandatory tax withholding on distribution from benefit plan.

F2: Reflects transfer of 3,398 shares owned indirectly in benefit plan to direct ownership due to distribution.