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DEVON ENERGY CORP/DE Director's Dealing 2011

Feb 7, 2011

30251_dirs_2011-02-07_d2961383-a466-4793-8f71-b2d0c3903516.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVON ENERGY CORP/DE (DVN)
CIK: 0001090012
Period of Report: 2011-02-03

Reporting Person: RUDOLPH FRANK W (EVP HUMAN RESOURCES)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-03 Common Stock M 22800 $65.32 Acquired 61561 Direct
2011-02-03 Common Stock S 22800 $88.0267 Disposed 38761 Direct
2011-02-03 Common Stock M 13800 $63.8 Acquired 52561 Direct
2011-02-03 Common Stock S 13800 $88.0267 Disposed 38761 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-03 Non-Qualified Stock Option (right to buy) $63.8 M 13800 Disposed 2017-12-07 Common Stock (13800) Direct
2011-02-03 Non-Qualified Stock Option (right to buy) $65.32 M 22800 Disposed 2016-12-07 Common Stock (22800) Direct

Footnotes

F1: On February 3, 2011, Mr. Rudolph sold an aggregate of 36,600 shares of Devon Energy Class A common stock. For reporting purposes, the sales prices within a $1 range have been aggregated and the weighted average sales price has been reported. The price ranges were $87.90 to $88.25.

F2: Stock Options to vest 20% on the 8th day of December in each of the years 2009, 2010, 2011, 2012 and 2013, expiring on December 7, 2017.

F3: Stock Options to vest 20% on the 8th day of December in each of the years 2008, 2009, 2010, 2011 and 2012, expiring on December 7, 2016.