AT&T INC. — Director's Dealing 2015

Mar 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2015-02-27

Reporting Person: DE LA VEGA RAFAEL (Pres.& CEO, Mobile & Bus. Sol.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-27	Common Stock	A	47884.2013	$34.56	Acquired	247535.3027	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2571.7326	Indirect
Common Stock	459417	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.