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AT&T INC. Director's Dealing 2012

Oct 4, 2012

29786_dirs_2012-10-04_545bcf12-e38b-4fb3-ade4-41fc0c896f77.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: 2012-10-03

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-10-03 Common Stock J 941128 Acquired 941128 Indirect
2012-10-03 Common Stock J 941128 Disposed 0 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 168023.741 Indirect
Common Stock 2948.8525 Indirect

Footnotes

F1: The reporting person and his spouse contributed 941,128 common shares of the issuer to a limited partnership ("LP") in exchange for partnership interests. The reporting person is the sole member and manager of the limited liability company acting as the general partner of the LP. The reporting person and his spouse then each contributed his or her respective limited partnership interest to a separate trust, in each case with the contributing person's spouse as trustee and their children as beneficiaries. These transactions were all exempt from Section 16 reporting and short-swing profit recovery pursuant to Rule 16a-13.