AT&T INC. — Director's Dealing 2013

Mar 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2013-03-11

Reporting Person: STEPHENS JOHN JOSEPH (Sr. Exec. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-11	Common Stock	F	13737.3153	$36.60	Disposed	60697.7748	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2501.2125	Indirect
Common Stock	26367	Direct
Common Stock	163302	Indirect

Footnotes

F1: Mandatory tax withholding on distribution from benefit plan.

F2: Reflects transfer of 20,951 shares owned indirectly by benefit plan to direct ownership due to distribution from benefit plan.