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CONOCOPHILLIPS — Director's Dealing 2023
Feb 22, 2023
29844_dirs_2023-02-22_8c14a960-b601-4a1e-a4bc-888d2e8a8efe.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: 2023-02-20
Reporting Person: Lance Ryan Michael (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-20 | Common Stock | M | 223577 | — | Acquired | 294694 | Direct |
| 2023-02-20 | Common Stock | D | 136844 | $104.92 | Disposed | 157850 | Direct |
| 2023-02-20 | Common Stock | F | 86733 | $104.92 | Disposed | 71117 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-20 | Stock Units | $ | M | 223577 | Disposed | 2023-02-20 | Common Stock (223577) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51501 | Indirect |
| Common Stock | 19270.865 | Indirect |
Footnotes
F1: Each stock unit was the economic equivalent of one share of common stock and settled in cash.
F2: Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16b-3.
F3: The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
F4: The stock units will be forfeited if the reporting person separates from service 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; (d) termination of employment following a change in control; or (e) February 20, 2023. During the escrow period, the reporting person may not dispose of the stock units. The stock units will be settled in cash on the later of (a) the end of the escrow period or (b) the earlier of (i) death; (ii) February 20, 2023; or (iii) six months after separation from service in which case the stock units will be settled in cash based on the fair market value of the units on that date. The reporting person may also elect to defer all or part of the settlement value of the units to a later date.