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AT&T INC. Director's Dealing 2015

Jan 5, 2015

29786_dirs_2015-01-05_38f20622-fdbe-4bbd-8ce6-08659f72faf5.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: 2014-12-31

Reporting Person: FORD SCOTT T (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-31	Deferred Stock Units	$	A	169.6934	Acquired		Common Stock (169.6934)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	66319	Direct

Footnotes

F1: Acquisition of deferred stock units pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.