Ryan M. Lance - Mar 25, 2024 Form 4 Insider Report for CONOCOPHILLIPS (COP)

Role
Chairman and CEO, Director
Signature
Whitney A. Cox, Attorney in Fact (by Power of Attorney filed with the Commission on February 13, 2024)
Stock symbol
COP
Transactions as of
Mar 25, 2024
Transactions value $
-$34,395,109
Form type
4
Date filed
3/26/2024, 04:30 PM
Previous filing
Feb 14, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COP Common Stock Options Exercise $42M +607K +8952.8% $69.25 614K Mar 25, 2024 Direct F1
transaction COP Common Stock Sale -$76.4M -607K -98.9% $125.91 6.78K Mar 25, 2024 Direct F2
transaction COP Common Stock Gift $0 -53.7K -41.8% $0.00 74.7K Mar 25, 2024 By Lance Family Trust F3
holding COP Common Stock 20.3K Mar 25, 2024 By ConocoPhillips Savings Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COP Stock Options (right to buy) Options Exercise $0 -607K -100% $0.00* 0 Mar 25, 2024 Common Stock 607K $69.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reflects the transfer of 86,139 shares by the reporting person to the Lance Family Trust.
F2 The price is a weighted average price. These shares were sold in multiple transactions at prices from $125.71 to $126.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges provided therein.
F3 Amount reflects the transfer by the reporting person to the Lance Family Trust of 86,139 shares of common stock prior to the reported gift.
F4 Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16b-3.