CONOCOPHILLIPS — Director's Dealing 2010

Dec 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2010-12-17

Reporting Person: Chiang Willie CW (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-17	Common Stock	M	3100	$30.29	Acquired	15900	Direct
2010-12-17	Common Stock	S	3100	$64.8732	Disposed	12800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-17	Stock Options (rights to buy)	$30.29	M	3100	Disposed	2012-01-01	Common Stock (3100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10122.7910	Indirect

Footnotes

F1: Includes units acquired through routine dividend transactions that are exempt under Rule 16a-11.

F2: The options vested in three equal annual installments beginning on January 1, 2003.