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DEVON ENERGY CORP/DE — Director's Dealing 2021
Jan 12, 2021
30251_dirs_2021-01-11_4db8362d-3c78-44f6-b1ba-b2ceaef26ac2.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: 2021-01-07
Reporting Person: PHILLIPS D MARTIN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-07 | Common Stock | A | 14536 | — | Acquired | 14536 | Direct |
Footnotes
F1: Pursuant to the terms of the Agreement and Plan of Merger, dated as of September 26, 2020, by and among Devon Energy Corporation (''Devon''), East Merger Sub, Inc. and WPX Energy, Inc. (''WPX'') (the ''Merger Agreement''), on January 7, 2021 (the ''Closing Date''), WPX became a wholly owned subsidiary of Devon. Pursuant to the Merger Agreement, on the Closing Date, each restricted stock award under a WPX benefit plan (''WPX RSA'') was converted into 0.5165 shares of Devon Common Stock. The same terms and conditions applicable to WPX RSAs before the conversion will continue to apply. The WPX RSAs granted to the reporting person on May 21, 2020 were converted into 14,536 shares of Devon Common Stock, which will vest on May 21, 2021.