Jason Kilar - Feb 15, 2022 Form 4 Insider Report for AT&T INC. (T)

Role
CEO, Warner Media, LLC
Signature
/s/ Starlene Meyerkord, Attorney-in-fact
Stock symbol
T
Transactions as of
Feb 15, 2022
Transactions value $
-$4,914,173
Form type
4
Date filed
2/17/2022, 05:17 PM
Previous filing
Feb 14, 2022
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +412K +197.62% 620K Feb 15, 2022 Direct F1
transaction T Common Stock Tax liability -$4.91M -202K -32.57% $24.34 418K Feb 15, 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 -412K -33.33% 823K Feb 15, 2022 Common Stock 412K 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.