CONOCOPHILLIPS — Director's Dealing 2010

Aug 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2010-08-03

Reporting Person: Meyers Kevin Omar (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-03	Common Stock	M	40200	$31.14	Acquired	80720	Direct
2010-08-03	Common Stock	S	40200	$57.0257	Disposed	40520	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-03	Stock Options (rights to buy)	$31.14	M	40180	Disposed	2010-10-09	Common Stock (40180)	Direct
2010-08-03	Stock Options (rights to buy)	$31.14	M	20	Disposed	2010-10-09	Common Stock (20)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7854.374	Indirect

Footnotes

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

F2: On June 1, 2005, the Common Stock of the issuer split on a 2-for-1 basis by means of a 100% stock dividend payable to stockholders of record as of May 16, 2005. As a result, the exercise price and the number of shares that may be acquired upon exercise of the stock options as of the date of the transactions reported herein reflects the stock split.

F3: One third of the options became exercisable on the first anniversary of the October 9, 2000 grant, and the remainder of the options became exercisable following the merger of Phillips Petroleum Company and Conoco Inc. on August 30, 2002.