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CONOCOPHILLIPS — Director's Dealing 2012
Apr 5, 2012
29844_dirs_2012-04-05_b5b1e235-2e4c-42af-bb4b-505aeb52d42f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2012-04-04
Reporting Person: Chiang Willie CW (Senior Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-04 | Stock Units | $ | A | 38445 | Acquired | Common Stock (38445) | Direct | |
| 2012-04-04 | Stock Units | $ | A | 14240 | Acquired | Common Stock (14240) | Direct | |
| 2012-04-04 | Stock Units | $ | A | 5610 | Acquired | Common Stock (5610) | Direct |
Footnotes
F1: The stock units convert to ConocoPhillips common stock on a 1-for-1 basis.
F2: The stock units will be forfeited if the reporting person separates from services prior to the end of an escrow period ending on the earliest to occur of the following: (a) termination of employment as a result of layoff; (b) termination of employment after attainment of age 55 with five years of service; (c) termination of employment due to death or total disability; or (d) termination of employment following a change of control. During the escrow period, the reporting person may not dispose of the stock units. The stock units will convert to common stock on the later of (a) the end of the escrow period or (b) the earlier of (i) death or (ii) six months after separation from service in which case the stock units will convert to common stock. The reporting person may also defer conversion of stock units until a later date.
F3: The stock units do not have an expiration date.
F4: The stock units will be forfeited if the reporting person terminates for any reason except death or disability prior to a date certain established by the Human Resources and Compensation Committee of the ConocoPhillips Board of Directors. The stock units will convert to common stock on the earliest of the reporting person's death, or six months after termination for a reason other than death, unless the units have previously forfeited. The reporting person may not elect to defer conversion of stock units until a later date.