Dennis C. Cameron - May 5, 2022 Form 4 Insider Report for DEVON ENERGY CORP/DE (DVN)

Role
EVP and General Counsel
Signature
/s/ Edward T. Highberger, Attorney-in-Fact for Dennis C. Cameron
Stock symbol
DVN
Transactions as of
May 5, 2022
Transactions value $
-$1,011,607
Form type
4
Date filed
5/9/2022, 04:31 PM
Previous filing
Apr 6, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVN Common Stock Sale -$686K -10K -3.51% $68.56 275K May 5, 2022 Direct F1
transaction DVN Common Stock Options Exercise $324K +9.58K +3.49% $33.83 284K May 5, 2022 Direct F2
transaction DVN Common Stock Sale -$650K -9.58K -3.37% $67.86 275K May 5, 2022 Direct

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 DVN Non-qualified Stock Option (Right to Buy) Options Exercise $0 -9.58K -100% $0.00* 0 May 5, 2022 Common Stock 9.58K $33.83 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.