Andrew D. Lundquist - Feb 20, 2022 Form 4 Insider Report for CONOCOPHILLIPS (COP)

Role
Senior Vice President
Signature
Shannon B. Kinney (by Power of Attorney filed with the Commission on February 13, 2018)
Stock symbol
COP
Transactions as of
Feb 20, 2022
Transactions value $
-$1,484,756
Form type
4
Date filed
2/22/2022, 04:01 PM
Previous filing
Feb 16, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COP Common Stock Options Exercise +16.6K +703.7% 18.9K Feb 20, 2022 Direct F1
transaction COP Common Stock Disposed to Issuer -$815K -9.09K -48.07% $89.67 9.82K Feb 20, 2022 Direct
transaction COP Common Stock Tax liability -$670K -7.47K -76.04% $89.67 2.35K Feb 20, 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 COP Stock Units Options Exercise $0 -16.6K -100% $0.00* 0 Feb 20, 2022 Common Stock 16.6K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit was the economic equivalent of one share of common stock and settled in cash.
F2 The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
F3 The stock units will be forfeited if the reporting person separates from service prior to the end of an escrow period ending on the earliest to occur of the following: (a) termination of employment as a result of layoff; (b) termination of employment after attainment of age 55 with five years of service; (c) termination of employment due to death or total disability; (d) termination of employment following a change in control; or (e) February 20, 2022. During the escrow period, the reporting person may not dispose of the stock units. The stock units will be settled in cash on the later of (a) the end of the escrow period or (b) the earlier of (i) death (ii) February 20, 2022 or (iii) six months after separation from service in which case the stock units will be settled in cash based on the fair market value of the units on that date. The reporting person may also elect to defer settlement of stock units until a later date.