Pascal Desroches - Jan 14, 2022 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP and CFO
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 14, 2022
Transactions value $
-$100,702
Form type
4
Date filed
1/19/2022, 07:25 PM
Previous filing
Dec 2, 2021
Next filing
Jan 31, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +16.8K +8.79% 208K Jan 14, 2022 Direct F1
transaction T Common Stock Tax liability -$101K -3.71K -1.78% $27.18 205K Jan 14, 2022 Direct F2
holding T Common Stock 801 Jan 14, 2022 By 401(k) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction T Restricted Stock Units (2021) Options Exercise -16.8K -33.33% 33.7K Jan 14, 2022 Common Stock 16.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 vest and distribute 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.