Ryan M. Lance - Dec 27, 2021 Form 4 Insider Report for CONOCOPHILLIPS (COP)

Role
Chairman and CEO, Director
Signature
Shannon B. Kinney (by Power of Attorney filed with the Commission on February 15, 2018)
Stock symbol
COP
Transactions as of
Dec 27, 2021
Transactions value $
-$1,920,803
Form type
4
Date filed
12/28/2021, 04:02 PM
Previous filing
Dec 2, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COP Common Stock Options Exercise $5.76M +105K +236.06% $54.80 150K Dec 27, 2021 Direct
transaction COP Common Stock Sale -$7.68M -105K -70.24% $73.08 44.5K Dec 27, 2021 Direct F1
holding COP Common Stock 50.7K Dec 27, 2021 By Lance Family Trust
holding COP Common Stock 17.2K Dec 27, 2021 By ConocoPhillips Savings Plan F2

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 -105K -100% $0.00* 0 Dec 27, 2021 Common Stock 105K $54.80 Direct F3, F4
* 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 $72.83 to $73.25, 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 herein.
F2 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.
F3 In connection with the spin-off of Phillips 66 on April 30, 2012 by ConocoPhillips, outstanding ConocoPhillips stock options were adjusted so that the holders hold vested stock options to purchase both Phillips 66 common stock and ConocoPhillips common stock. The Phillips 66 and ConocoPhillips stock options received, when combined, will generally preserve the intrinsic value of each original stock option grant and the ratio of the exercise to the fair market value of ConocoPhillips common stock on the distribution date.
F4 The stock options were exercisable on February 9, 2015.