Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Huntley David S.
2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2014
3. Issuer Name and Ticker or Trading Symbol
AT&T INC. [T]
(Last)
(First)
(Middle)
208 S. AKARD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Compliance Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75202
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,226.462
I
By 401(k)
Common Stock 3,371.6837
I
By Benefit Plan
Common Stock 6,796
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) - SPDP 06/15/2008 06/15/2017 Common Stock 282 (1) $ 40.28 D  
Employee Stock Option (Right to Buy) - SPDP 02/15/2009 02/15/2018 Common Stock 405 (1) $ 37.88 D  
Employee Stock Option (Right to Buy) - SPDP 06/16/2009 06/16/2018 Common Stock 303 (1) $ 36.17 D  
Employee Stock Option (Right to Buy) - SPDP 06/15/2011 06/15/2020 Common Stock 540 (1) $ 25.54 D  
Employee Stock Option (Right to Buy) - SPDP 02/15/2012 02/15/2021 Common Stock 757 (1) $ 28.24 D  
Restricted Stock Units   (2)   (2) Common Stock 6,457 $ (2) D  
Restricted Stock Units (2012)   (3)   (3) Common Stock 6,168 $ (3) D  
Restricted Stock Units (2013)   (4)   (4) Common Stock 5,221 $ (4) D  
Restricted Stock Units (2014)   (5)   (5) Common Stock 5,446 $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Huntley David S.
208 S. AKARD
DALLAS, TX 75202
      Chief Compliance Officer  

Signatures

/s/ David S. Huntley 12/04/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents number of options granted. Reporting person may purchase one share of Issuer's common stock per option.
(2) Units vested on 5/21/2013 and distribute on 1/27/2015. Vesting (but not distribution) accelerated on retirement eligibility.
(3) Units vested on 5/21/2013 and distribute on 1/26/2016. Vesting (but not distribution) accelerated on retirement eligibility.
(4) Units vested on 5/21/2013 and distribute on 1/31/2017. Vesting (but not distribution) accelerated on retirement eligibility.
(5) Units vested on 1/30/2014 and distribute on 1/30/2018. Vesting (but not distribution) accelerated on retirement eligibility.
 
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney

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