Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COP | Stock Units | Award | $0 | +3.64K | $0.00 | 3.64K | Feb 14, 2023 | Common Stock | 3.64K | Direct | F1, F2 | ||
transaction | COP | Stock Units | Award | $0 | +7.22K | $0.00 | 7.22K | Feb 14, 2023 | Common Stock | 7.22K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | The stock units represent ConocoPhillips common stock on a 1-for-1 basis. |
F2 | The stock units grant settles 3 years from date of grant, but may be eligible for full or partial settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change in 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. |