Ryan M. Lance - Feb 19, 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 with the Commission on February 16, 2023)
Stock symbol: COP
Transactions as of: Feb 19, 2023
Transactions value $: -$3,261,648
Form type: 4
Date filed: 2/22/2023, 04:36 PM
Previous filing: Feb 16, 2023
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COP	Common Stock	Options Exercise		+84K	+461.96%		102K	Feb 19, 2023	Direct	F1, F2
transaction	COP	Common Stock	Tax liability	-$3.26M	-31.1K	-30.42%	$104.92	71.1K	Feb 19, 2023	Direct
holding	COP	Common Stock						51.5K	Feb 19, 2023	By Lance Family Trust	F3
holding	COP	Common Stock						19.3K	Feb 19, 2023	By ConocoPhillips Savings Plan	F4

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	-84K	-100%	$0.00^*	0	Feb 19, 2023	Common Stock	84K		Direct	F5, F6

* 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 shares.
F2	The amount reflects the transfer of 840 shares by the reporting person to the Lance Family Trust, and the inclusion of units acquired as dividend equivalents pursuant to the award agreement.
F3	Includes 840 shares of common stock that the reporting person transferred to the Lance Family Trust.
F4	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.
F5	The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
F6	The stock units grant settles 3 years from date of grant, subject to earlier 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.