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AT&T INC. Director's Dealing 2021

Feb 1, 2021

29786_dirs_2021-02-01_f3983b28-033f-4127-9c19-5458b0190469.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2021-01-28

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
2021-01-28 Common Stock A 94426.2 Acquired 173096.2585 Indirect
2021-01-28 Common Stock F 34937.694 $28.80 Disposed 138158.5645 Indirect
2021-01-28 Common Stock D 39262.506 $28.80 Disposed 98896.0585 Indirect
2021-01-28 Common Stock D 20226 Disposed 78670.0585 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-28 Restricted Stock Units (2021) $ A 46441 Acquired Common Stock (46441) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4246.9402 Indirect
Common Stock 169097 Direct

Footnotes

F1: Total performance shares distributed.

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 20,226 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.

F6: Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2022, 1/15/2023, and 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.