JASON KILAR - 15 Feb 2022 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Feb 2022
Net transactions value
-$4,914,173
Form type
4
Filing time
17 Feb 2022, 17:17:12 UTC
Previous filing
14 Feb 2022
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +411,664 +198% 619,974 15 Feb 2022 Direct F1
transaction T Common Stock Tax liability $4,914,173 -201,897 -33% $24.34 418,077 15 Feb 2022 Direct F2

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 (2020) Options Exercise -411,664 -33% 823,328 15 Feb 2022 Common Stock 411,664 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. Units vest and distribute as follows: 411,663 on 2/15/2021, 411,664 on 2/15/2022, 411,664 on 2/15/2023, and 411,664 on 2/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.