Ryan M. Lance - Oct 5, 2022 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
Oct 5, 2022
Transactions value $
-$192,320
Form type
4
Date filed
10/6/2022, 04:08 PM
Previous filing
Aug 30, 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 +1.17K +2.62% 45.7K Oct 5, 2022 Direct F1
transaction COP Common Stock Tax liability -$57.4K -497 -1.09% $115.51 45.2K Oct 5, 2022 Direct F2
holding COP Common Stock 50.7K Oct 5, 2022 By Lance Family Trust
holding COP Common Stock 18.5K Oct 5, 2022 By ConocoPhillips Savings Plan F3

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 -$135K -1.17K -100% $115.51 0 Oct 5, 2022 Common Stock 1.17K Direct F4, 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 Includes Federal Tax withholding resulting from lapsing 1,168 Restricted Stock Units and 169 shares of Restricted Stock. The Human Resources and Compensation Committee ("HRCC") customarily reviews such requests to lapse restrictions after (1) the employee has reached age 55 and (2) the request has aged approximately one year. Only equity awards earned and vested prior to 2005 are subject to this review. The HRCC approved the request on October 5, 2022.
F3 Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16a-3.
F4 The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
F5 On October 5, 2022, the HRCC approved a request of Mr. Lance to receive 100% of his restricted stock/units in shares. The HRCC customarily reviews such requests after (1) the employee has reached age 55 and (2) the request has aged approximately one year. Only equity awards earned and vested prior to 2005 are subject to this review.
F6 The stock units do not have an expiration date.