CONOCOPHILLIPS — Director's Dealing 2012

May 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2012-05-11

Reporting Person: Wallette Don E Jr. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-11	Common Stock	M	4732	$17.96	Acquired	18387	Direct
2012-05-11	Common Stock	S	4732	$53.7991	Disposed	13655	Direct
2012-05-11	Common Stock	M	8527	$18.59	Acquired	22182	Direct
2012-05-11	Common Stock	S	8527	$53.7991	Disposed	13655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-11	Employee Stock Option (Right to Buy)	$17.96	M	4732	Disposed	2012-10-22	Common Stock (4732)	Direct
2012-05-11	Employee Stock Option (Right to Buy)	$18.59	M	8527	Disposed	2013-02-10	Common Stock (8527)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12838.1490	Indirect

Footnotes

F1: Vested in three equal annual installments beginning on October 22, 2003.

F2: Vested in three equal annual installments beginning on February 10, 2004.