AT&T INC. — Director's Dealing 2020

Dec 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2020-12-04

Reporting Person: Lee Lori M (CEO-AT&T LatAm&GlobalMktgOfcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-04	Common Stock	M	706	—	Acquired	706	Direct
2020-12-04	Common Stock	F	706	$28.75	Disposed	0	Direct
2020-12-04	Common Stock	M	747	—	Acquired	747	Direct
2020-12-04	Common Stock	F	747	$28.75	Disposed	0	Direct
2020-12-04	Common Stock	M	1078	—	Acquired	1078	Direct
2020-12-04	Common Stock	F	1078	$28.75	Disposed	0	Direct
2020-12-04	Common Stock	M	890	—	Acquired	890	Direct
2020-12-04	Common Stock	F	890	$28.75	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-04	Restricted Stock Units (2017)	$	M	706	Disposed	2021-01-26	Common Stock (706)	Direct
2020-12-04	Restricted Stock Units (2018)	$	M	747	Disposed	2022-01-27	Common Stock (747)	Direct
2020-12-04	Restricted Stock Units (2019)	$	M	1078	Disposed	2023-01-15	Common Stock (1078)	Direct
2020-12-04	Restricted Stock Units (2020)	$	M	890	Disposed	2024-01-15	Common Stock (890)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7164.9663	Indirect
Common Stock	7035.2023	Indirect
Common Stock	153045	Indirect

Footnotes

F1: Restricted stock units acquired pursuant to the 2016 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 1/26/2021. Vesting (but not distribution) is accelerated on retirement eligibility.

F2: Mandatory tax withholding on vested Restricted Stock Units.

F3: Restricted stock units acquired pursuant to the 2016 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

F4: 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 1/15/2023. Vesting (but not distribution) is accelerated on retirement eligibility.

F5: 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 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.