AT&T INC. — Director's Dealing 2018

Jun 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2018-06-28

Reporting Person: STEPHENS JOHN JOSEPH (Sr. Exec. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-28	Common Stock	M	515	—	Acquired	377131	Direct
2018-06-28	Common Stock	F	515	$32.19	Disposed	376616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-28	Restricted Stock Units (2018)	$	A	13823	Acquired		Common Stock (13823)	Direct
2018-06-28	Restricted Stock Units (2018)	$	M	515	Disposed		Common Stock (515)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5511.8448	Indirect
Common Stock	67437.1614	Indirect
Common Stock	163302	Indirect

Footnotes

F1: Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 1/27/2022. Vesting (but not distribution) is accelerated on retirement eligibility.

F2: Mandatory tax withholding on vesting of Restricted Stock Units due to retirement eligibility.