AT&T INC. — Director's Dealing 2022

Feb 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2022-02-15

Reporting Person: Desroches Pascal (Sr. Exec VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-15	Common Stock	M	8286	—	Acquired	213074	Direct
2022-02-15	Common Stock	F	3065	$24.34	Disposed	210009	Direct
2022-02-15	Common Stock	M	1081	—	Acquired	211090	Direct
2022-02-15	Common Stock	F	399	$24.34	Disposed	210691	Direct
2022-02-15	Common Stock	M	1978	—	Acquired	212669	Direct
2022-02-15	Common Stock	F	435	$24.34	Disposed	212234	Direct
2022-02-15	Common Stock	M	21241	—	Acquired	233475	Direct
2022-02-15	Common Stock	F	5316	$24.34	Disposed	228159	Direct
2022-02-15	Common Stock	M	16282	—	Acquired	244441	Direct
2022-02-15	Common Stock	F	6024	$24.34	Disposed	238417	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-15	Restricted Stock Units (2016)	$	M	8286	Disposed		Common Stock (8286)	Direct
2022-02-15	Restricted Stock Units (2017)	$	M	1081	Disposed		Common Stock (1081)	Direct
2022-02-15	Restricted Stock Units (2018)	$	M	1978	Disposed		Common Stock (1978)	Direct
2022-02-15	Restricted Stock Units (2019)	$	M	21241	Disposed		Common Stock (21241)	Direct
2022-02-15	Restricted Stock Units (2020)	$	M	16282	Disposed		Common Stock (16282)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1055.3471	Indirect
Common Stock	1556.3726	Indirect

Footnotes

F1: Restricted stock units acquired pursuant to the Time Warner Inc. 2013 Stock Incentive Plan and converted into AT&T restricted stock units. Each unit will convert into one share of issuer's common stock plus $37.22. Units vest and distribute as 2/15/2022. Vesting (but not distribution) is accelerated on retirement eligibility.

F2: Mandatory tax withholding on distribution of Restricted Stock Units.

F3: 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 2/15/2022. 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 21,241 on 2/15/2022 and 2/15/2023. 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. One-third of the units vest and distribute on each of 2/15/2022, 2/15/2023, and 2/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.

F6: Based on a 401(k) plan statement dated 1/31/2022.