DENNIS C. CAMERON - 04 Aug 2023 Form 4 Insider Report for DEVON ENERGY CORP/DE (DVN)

Signature
/s/ Edward T. Highberger, Attorney-in-Fact for Dennis C. Cameron
Issuer symbol
DVN
Transactions as of
04 Aug 2023
Net transactions value
-$402,393
Form type
4
Filing time
07 Aug 2023, 16:33:46 UTC
Previous filing
09 May 2023
Next filing
14 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVN Common Stock Sale $402,393 -7,870 -3.6% $51.13 210,548 04 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 4, 2022.