AT&T INC. — Director's Dealing 2020

Feb 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2020-01-30

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
2020-01-30	Common Stock	A	59791.5	—	Acquired	92065.6488	Indirect
2020-01-30	Common Stock	F	23527.9551	$37.43	Disposed	68537.6937	Indirect
2020-01-30	Common Stock	D	23934.5449	$37.43	Disposed	44603.1488	Indirect
2020-01-30	Common Stock	D	12329	—	Disposed	32274.1488	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3570.4664	Indirect
Common Stock	111624	Direct

Footnotes

F1: Distribution of performance shares.

F2: Each performance share is equivalent in value to a share of common stock.

F3: Mandatory tax withholding on distribution of performance shares.

F4: Represents portion of the performance shares distributed in cash, after taxes.

F5: Reflects transfer of 12,329 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.