SEC Form 4 · accession 0001209191-15-087079
CONOCOPHILLIPS · COP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan Michael Lance
Officer — Chairman and CEO · Director
Period of report
Dec 24, 2015
Accepted (ET)
Dec 28, 2015 · 2:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001163165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 24, 2015 | M | 23,061 | $45.05 | A | 57,446 | D | |
| Common StockF1 | holding | — | — | — | 9,030 | I | By ConocoPhillips Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (rights to buy)F2,F3 | $45.05 | Dec 24, 2015 | M | 23,061 | D | — | Feb 10, 2016 | Common Stock | 23,061 | 0 | D |
Explanation of responses
- F1Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
- F2In connection with the spin-off of Phillips 66 on April 30, 2012 by ConocoPhillips, outstanding ConocoPhillips stock options were adjusted so that the holders hold vested stock options to purchase both Phillips 66 common stock and ConocoPhillips common stock. The Phillips 66 and ConocoPhillips stock options received, when combined, will generally preserve the intrinsic value of each original stock option grant and the ratio of the exercise to the fair market value of ConocoPhillips common stock on the distribution date.
- F3The options became exercisable in three equal annual installments beginning on the first anniversary of the February 10, 2006 grant.