AT&T INC. — Director's Dealing 2022

Jan 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2022-01-14

Reporting Person: McElfresh Jeffery S. (CEO, AT&T Communications, LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-14	Common Stock	M	23677	—	Acquired	96191	Direct
2022-01-14	Common Stock	F	5209	$27.18	Disposed	90982	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-14	Restricted Stock Units (2021)	$	M	23677	Disposed		Common Stock (23677)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4265.2653	Indirect
Common Stock	70096.7483	Indirect

Footnotes

F1: 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.

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

F3: Based on a 401(k) plan statement as of 12/31/2021.