Pascal Desroches - 30 Nov 2021 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP and CFO
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
30 Nov 2021
Net transactions value
-$35,820
Form type
4
Filing time
02 Dec 2021, 18:39:43 UTC
Previous filing
19 Jul 2021
Next filing
19 Jan 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 +1,569 +0.82% 193,224 30 Nov 2021 Direct F1
transaction T Common Stock Tax liability $35,820 -1,569 -0.81% $22.83 191,655 30 Nov 2021 Direct F2
holding T Common Stock 801 30 Nov 2021 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 -1,569 -3% 50,514 30 Nov 2021 Common Stock 1,569 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 2/15/2022, 2/15/2023, and 2/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on vested Restricted Stock Units.
F3 Based on 401(k) Plan Statement dated as of 10/31/2021.