DEVON ENERGY CORP/DE — Director's Dealing 2011

Dec 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVON ENERGY CORP/DE (DVN)
CIK: 0001090012
Period of Report: 2011-11-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-29	Common Stock	M	116216.0	$26.425	Acquired	1861494.0	Direct
2011-11-29	Common Stock	F	49604.0	$61.91	Disposed	1811890.0	Direct
2011-11-29	Common Stock	F	27943.0	$61.91	Disposed	1783947.0	Direct
2011-11-29	Common Stock	M	3784.0	$26.425	Acquired	1787731.0	Direct
2011-11-29	Common Stock	M	181310.0	$17.425	Acquired	1969041.0	Direct
2011-11-29	Common Stock	F	51030.0	$61.91	Disposed	1918011.0	Direct
2011-11-29	Common Stock	F	54652.0	$61.91	Disposed	1863359.0	Direct
2011-11-29	Common Stock	M	28690.0	$17.425	Acquired	1892049.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-29	Incentive Stock Option (right to buy)	$17.425	M	28690.0	Disposed	2011-12-04	Common Stock (28690.0)	Direct
2011-11-29	Incentive Stock Option (right to buy)	$26.425	M	3784.0	Disposed	2011-12-03	Common Stock (3784.0)	Direct
2011-11-29	Non-Qualified Stock Option (right to buy)	$17.425	M	181310.0	Disposed	2011-12-04	Common Stock (181310.0)	Direct
2011-11-29	Non-Qualified Stock Option (right to buy)	$26.425	M	116216.0	Disposed	2011-12-03	Common Stock (116216.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	157248.0	Indirect
Common Stock	85930.0	Indirect