AT&T INC. — Director's Dealing 2018

Feb 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2018-01-30

Reporting Person: McAtee David R II (Sr. Exec. VP and Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-30	Common Stock	M	7871	—	Acquired	25390	Direct
2018-01-30	Common Stock	F	1909	$37.44	Disposed	23481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-30	Restricted Stock Units (2014)	$	M	7871	Disposed		Common Stock (7871)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2401.7969	Indirect
Common Stock	14498.5999	Indirect

Footnotes

F1: Restricted stock units acquired pursuant to the 2011 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 1/30/2018. Vesting (but not distribution) is accelerated on retirement eligibility.

F2: Mandatory tax withholding on distribution of Restricted Stock Units.