Luis A. Ubinas - 31 May 2022 Form 4 Insider Report for AT&T INC. (T)

Role
Director
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Issuer symbol
T
Transactions as of
31 May 2022
Transactions value $
$262,224
Form type
4
Filing time
02 Jun 2022, 18:53:21 UTC
Previous filing
28 Mar 2022
Next filing
02 Aug 2022
SEC
View on sec.gov

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 Deferred Stock Units Award $262K +12.3K +147.96% $21.29 20.6K 31 May 2022 Common Stock 12.3K By Benefit Plan F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.
F2 Reflects an anti-dilution adjustment made in connection with the WarnerMedia/Discovery transaction pursuant to the terms of the plan.