AT&T INC. — Director's Dealing 2020

Jun 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2020-05-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-29	Common Stock	A	1936.4874	$30.86	Acquired	408201.7904	Indirect
2020-05-29	Common Stock	M	379336	$25.54	Acquired	1749086	Direct
2020-05-29	Common Stock	F	338449	$31.06	Disposed	1410637	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-29	Employee Stock Option (Right to Buy) - SPDP	$25.54	M	379336	Disposed	2020-06-15	Common Stock (379336)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7483.2	Indirect
Common Stock	1011143	Indirect

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.