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AT&T INC. Director's Dealing 2024

Jan 17, 2024

29786_dirs_2024-01-17_41da0bb6-8dbe-4e53-acb6-d4831e9ba8df.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: 2024-01-12

Reporting Person: McElfresh Jeffery S. (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-12 Common Stock M 45510 Acquired 281882 Direct
2024-01-12 Common Stock F 10013 $16.48 Disposed 271869 Direct
2024-01-12 Common Stock M 28893 Acquired 300762 Direct
2024-01-12 Common Stock F 8422 $16.48 Disposed 292340 Direct
2024-01-12 Common Stock M 40588 Acquired 332928 Direct
2024-01-12 Common Stock F 15018 $16.48 Disposed 317910 Direct
2024-01-12 Common Stock M 36101 Acquired 354011 Direct
2024-01-12 Common Stock F 13358 $16.48 Disposed 340653 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-01-12 Restricted Stock Units (2020) $ M 45510 Disposed Common Stock (45510) Direct
2024-01-12 Restricted Stock Units (2021) $ M 28893 Disposed Common Stock (28893) Direct
2024-01-12 Restricted Stock Units (2022) $ M 40588 Disposed Common Stock (40588) Direct
2024-01-12 Restricted Stock Units (2023) $ M 36101 Disposed Common Stock (36101) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6448.2276 Indirect
Common Stock 139671.8872 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 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.

F3: Mandatory tax withholding on distribution of 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: 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 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.

F7: Based on a 401(k) plan statement dated 12/29/2023.