AT&T INC. — Director's Dealing 2015

Jan 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2014-12-31

Reporting Person: STANKEY JOHN T (Group Pres. & Chief Strat Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-03	Common Stock	G	88931	—	Disposed	0	Direct
2014-12-03	Common Stock	G	88931	—	Acquired	268145	Indirect
2014-12-31	Common Stock	A	275.3796	$33.59	Acquired	50216.5524	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4983.7046	Indirect
Common Stock	120000	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.