CONOCOPHILLIPS — Director's Dealing 2011

Feb 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2011-02-03

Reporting Person: Schwarz Glenda Mae (VP & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-03	Common Stock	M	94	$31.1632	Acquired	4804	Direct
2011-02-03	Common Stock	S	94	$71.71	Disposed	4710	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-03	Stock Options (rights to buy)	$31.1632	M	94	Disposed	2011-02-22	Common Stock (94)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4723.8650	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-for1 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 options became exercisable on the first anniversary of the February 23, 2001 grant.