AT&T INC. filed this 4 on Dec 03, 2024
AT&T INC. - 4 - 20241203 - EXPLANATIONS_AND_REMARKS
Explanation of Responses:
(1) Represents deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching contributions. Deferred stock units are settled only in stock on a 1-for-1 basis.
(2) 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 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.
(3) Mandatory tax withholding on vested restricted stock units.
(4) Based on a 401(k) plan statement dated 10/31/2024.