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AT&T INC. Director's Dealing 2013

May 2, 2013

29786_dirs_2013-05-02_769d2e4c-03ec-45c9-96b0-2bc80fd673f8.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: 2013-04-30

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-30 Common Stock A 678.8189 $37.46 Acquired 29800.0335 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8150.6676 Indirect
Common Stock 136646 Direct

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.