Pascal Desroches - 15 Feb 2022 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
15 Feb 2022
Net transactions value
-$370,917
Form type
4
Filing time
17 Feb 2022, 17:20:50 UTC
Previous filing
02 Feb 2022
Next filing
02 Mar 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 +8,286 +4% 213,074 15 Feb 2022 Direct F1
transaction T Common Stock Tax liability $74,602 -3,065 -1.4% $24.34 210,009 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +1,081 +0.51% 211,090 15 Feb 2022 Direct F1
transaction T Common Stock Tax liability $9,712 -399 -0.19% $24.34 210,691 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +1,978 +0.94% 212,669 15 Feb 2022 Direct F3
transaction T Common Stock Tax liability $10,588 -435 -0.2% $24.34 212,234 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +21,241 +10% 233,475 15 Feb 2022 Direct F4
transaction T Common Stock Tax liability $129,391 -5,316 -2.3% $24.34 228,159 15 Feb 2022 Direct F2
transaction T Common Stock Options Exercise +16,282 +7.1% 244,441 15 Feb 2022 Direct F5
transaction T Common Stock Tax liability $146,624 -6,024 -2.5% $24.34 238,417 15 Feb 2022 Direct F2
holding T Common Stock 1,055 15 Feb 2022 By 401(k) F6
holding T Common Stock 1,556 15 Feb 2022 By Benefit Plan

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 (2016) Options Exercise -8,286 -100% 0 15 Feb 2022 Common Stock 8,286 Direct F1
transaction T Restricted Stock Units (2017) Options Exercise -1,081 -100% 0 15 Feb 2022 Common Stock 1,081 Direct F1
transaction T Restricted Stock Units (2018) Options Exercise -1,978 -100% 0 15 Feb 2022 Common Stock 1,978 Direct F3
transaction T Restricted Stock Units (2019) Options Exercise -21,241 -50% 21,241 15 Feb 2022 Common Stock 21,241 Direct F4
transaction T Restricted Stock Units (2020) Options Exercise -16,282 -33% 32,566 15 Feb 2022 Common Stock 16,282 Direct F5
* 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 Time Warner Inc. 2013 Stock Incentive Plan and converted into AT&T restricted stock units. Each unit will convert into one share of issuer's common stock plus $37.22. Units vest and distribute as 2/15/2022. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 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 2/15/2022. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 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 21,241 on 2/15/2022 and 2/15/2023. 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 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.
F6 Based on a 401(k) plan statement dated 1/31/2022.