CONOCOPHILLIPS — Director's Dealing 2018

May 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONOCOPHILLIPS (COP)
CIK: 0001163165
Period of Report: 2018-05-17

Reporting Person: KELLY JANET LANGFORD (SVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-17	Common Stock	M	504	$34.67	Acquired	512242.7546	Indirect
2018-05-17	Common Stock	S	504	$71.00	Disposed	511738.7546	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-17	Stock Options (Right to Buy)	$34.67	M	504	Disposed	2019-02-12	Common Stock (504)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41211	Direct
Common Stock	6156.991	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of her spouse's shares to the extent she does not have a pecuniary interest in such shares.

F2: Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.

F3: In connection with the spin-off of Phillips 66 on April 30, 2012 by ConocoPhillips, outstanding ConocoPhillips stock options were adjusted so that the holders hold vested stock options to purchase both Phillips 66 common stock and ConocoPhillips common stock. The Phillips 66 and ConocoPhillips stock options received, when combined, will generally preserve the intrinsic value of each original stock option grant and the ratio of the exercise to the fair market value of ConocoPhillips common stock on the distribution date.

F4: The stock options became exercisable in three equal annual installments and were fully exercisable on 02/12/2012.