DEVON ENERGY CORP/DE — Director's Dealing 2022

May 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVON ENERGY CORP/DE (DVN)
CIK: 0001090012
Period of Report: 2022-05-05

Reporting Person: CAMERON DENNIS C (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-05	Common Stock	S	10000	$68.56	Disposed	274806	Direct
2022-05-05	Common Stock	M	9580	$33.83	Acquired	284386	Direct
2022-05-05	Common Stock	S	9580	$67.86	Disposed	274806	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-05	Non-qualified Stock Option (Right to Buy)	$33.83	M	9580	Disposed	2024-03-03	Common Stock (9580)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.54 to $68.62 per share. The reporting person undertakes to provide Devon Energy Corporation, any security holder of Devon Energy Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

F2: The Form 4 filed by the reporting person on January 11, 2021 reported an exercise price of $33.82 with respect to these stock options. The actual exercise price was $33.83.

F3: The stock options vested in one-third increments on March 3, 2015, 2016 and 2017.