AT&T INC. — Director's Dealing 2016

Mar 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2016-03-09

Reporting Person: STEPHENSON RANDALL L (Director, Chairman, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-09	Common Stock	F	8424.4356	$37.98	Disposed	350081.2571	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4672.8536	Indirect
Common Stock	426521	Direct
Common Stock	856128	Indirect

Footnotes

F1: Mandatory tax withholding on distribution from benefit plan.

F2: Reflects transfer of 12,847 shares owned indirectly by benefit plan to direct ownership due to distribution from benefit plan.