CONOCOPHILLIPS — Director's Dealing 2011

Nov 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2011-11-17

Reporting Person: MULVA JAMES J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-17	Common Stock	M	1500000	$25.655	Acquired	2008541	Direct
2011-11-17	Common Stock	F	896440	$69.935	Disposed	1112101	Direct
2011-11-17	Common Stock	M	1500000	$32.065	Acquired	2612101	Direct
2011-11-17	Common Stock	F	983812	$69.935	Disposed	1628289	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-17	Stock Options (right to buy)	$25.655	M	1500000	Disposed	2011-11-17	Common Stock (1500000)	Direct
2011-11-17	Stock Options (right to buy)	$32.065	M	1500000	Disposed	2011-11-17	Common Stock (1500000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100450	Indirect
Common Stock	152018	Indirect
Common Stock	112975.062	Indirect
Common Stock	11939	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: The stock options became exercisable in three installments beginning on October 9, 2001.