Pascal Desroches - 12 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP and CFO
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
12 Jan 2024
Net transactions value
-$344,762
Form type
4
Filing time
17 Jan 2024, 17:18:41 UTC
Previous filing
03 Jan 2024
Next filing
29 Jan 2024
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 +20,547 +6.3% 345,430 12 Jan 2024 Direct F1
transaction T Common Stock Tax liability $74,506 -4,521 -1.3% $16.48 340,909 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +30,442 +8.9% 371,351 12 Jan 2024 Direct F3
transaction T Common Stock Tax liability $110,383 -6,698 -1.8% $16.48 364,653 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +30,084 +8.3% 394,737 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $159,872 -9,701 -2.5% $16.48 385,036 12 Jan 2024 Direct F2
holding T Common Stock 3,591 12 Jan 2024 By 401(k) F5
holding T Common Stock 197,963 12 Jan 2024 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 (2021) Options Exercise -20,547 -100% 0 12 Jan 2024 Common Stock 20,547 Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -30,442 -50% 30,440 12 Jan 2024 Common Stock 30,442 Direct F3
transaction T Restricted Stock Units (2023) Options Exercise -30,084 -33% 60,169 12 Jan 2024 Common Stock 30,084 Direct F4
* 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 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 vests and distributes on each of 1/15/2023, 1/15/2024, and 1/15/2025. 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. One-third of the units vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.
F5 Based on a 401(k) plan statement dated 12/29/2023.