AT&T INC. — Director's Dealing 2020

Feb 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2019-06-12

Reporting Person: MCCALLISTER MICHAEL B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-12	Common Stock	W	994	—	Acquired	10072	Direct
2019-10-21	Common Stock	W	2	—	Acquired	10587	Direct
2019-12-11	Common Stock	G	996	—	Disposed	10045	Direct
2019-12-11	Common Stock	G	996	—	Acquired	33996	Indirect
2020-01-31	Common Stock	A	465	$37.62	Acquired	10510	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-31	Deferred Stock Units	$	A	621.2501	Acquired		Common Stock (621.2501)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	290	Indirect
Common Stock	7000	Indirect

Footnotes

F1: Acquisition of shares by inheritance and subsequent transfer of the shares to family trust.

F2: Acquisition of shares at fair market value in lieu of retainer fees pursuant to the AT&T Inc. Non-Employee Director Stock Purchase Plan.

F3: Acquisition of deferred stock units pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.