DEVON ENERGY CORP/DE — Director's Dealing 2010

Dec 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVON ENERGY CORP/DE (DVN)
CIK: 0001090012
Period of Report: 2010-12-02

Reporting Person: NICHOLS J LARRY (Director, EXECUTIVE CHAIRMAN)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-02	Common Stock	A	74900	—	Acquired	1745278	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-02	Incentive Stock Option (right to buy)	$73.43	A	1361	Acquired	2018-12-01	Common Stock (1361)	Direct
2010-12-02	Non-Qualified Stock Option (right to buy)	$73.43	A	186339	Acquired	2018-12-01	Common Stock (186339)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	157248	Indirect
Common Stock	85930	Indirect

Footnotes

F1: Restricted Stock to vest 25% on the 2nd day of December in each of the years 2011, 2012, 2013 and 2014.

F2: Options Granted December 2, 2010, vest 20% on the 2nd day of December in each of the years 2010, 2011, 2012, 2013 and 2014, expiring on December 1, 2018.