Ryan M. Lance - Feb 14, 2023 Form 4 Insider Report for CONOCOPHILLIPS (COP)

Role
Chairman and CEO, Director
Signature
Whitney A. Cox, Attorney in Fact (by Power of Attorney filed herewith)
Stock symbol
COP
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
4
Date filed
2/16/2023, 02:23 PM
Previous filing
Dec 1, 2022
Next filing
Feb 22, 2023

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 Award $0 +46.2K $0.00 46.2K Feb 14, 2023 Common Stock 46.2K Direct F1, F2
transaction COP Stock Units Award $0 +224K $0.00 224K Feb 14, 2023 Common Stock 224K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
F2 The stock unit grant settles 3 years from date of grant, but may be eligible for full or partial early settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change of control.
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, 2023. 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, 2023; 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 all or part of the settlement value of the units to a later date.