AT&T INC. — Director's Dealing 2023

Jan 19, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2023-01-13

Reporting Person: STANKEY JOHN T (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-13	Common Stock	M	73277	—	Acquired	179431	Direct
2023-01-13	Common Stock	F	19456	$19.55	Disposed	159975	Direct
2023-01-13	Common Stock	M	15511	—	Acquired	175486	Direct
2023-01-13	Common Stock	F	5740	$19.55	Disposed	169746	Direct
2023-01-13	Common Stock	M	45891	—	Acquired	215637	Direct
2023-01-13	Common Stock	F	16980	$19.55	Disposed	198657	Direct
2023-01-13	Common Stock	M	54793	—	Acquired	253450	Direct
2023-01-13	Common Stock	F	20274	$19.55	Disposed	233176	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-13	Restricted Stock Units (2019)	$	M	73277	Disposed		Common Stock (73277)	Direct
2023-01-13	Restricted Stock Units (2019)	$	M	15511	Disposed		Common Stock (15511)	Direct
2023-01-13	Restricted Stock Units (2021)	$	M	45891	Disposed		Common Stock (45891)	Direct
2023-01-13	Restricted Stock Units (2022)	$	M	54793	Disposed		Common Stock (54793)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12231.2085	Indirect
Common Stock	64405.3451	Indirect
Common Stock	321867	Indirect
Common Stock	120000	Indirect

Footnotes

F1: Reflects an anti-dilution adjustment made in connection with the WarnerMedia/Discovery transaction pursuant to the terms of the 2018 Incentive plan.

F2: 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

F3: Mandatory tax withholding on distribution from Restricted Stock Units.

F4: 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.

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 vests and distributes on each of 1/15/2023, 1/15/2024, and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.

F6: Based on a 401(k) plan statement dated 11/30/2022.