SEC Form 4 · accession 0001209191-16-087997
CONOCOPHILLIPS · COP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Fox
Officer — Executive Vice President
Period of report
Jan 1, 2016
Accepted (ET)
Jan 4, 2016 · 6:17 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 StockF1 | Jan 1, 2016 | M | 39,551 | — | A | 57,674 | D | |
| Common Stock | Jan 1, 2016 | F | 13,574 | $46.54 | D | 44,100 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1,F3,F4 | — | Jan 1, 2016 | M | 39,551 | D | — | — | Common Stock | 39,551 | 39,551 | D |
Explanation of responses
- F1The shares of Phantom Stock convert to ConocoPhillips common stock on a 1-for-1 basis.
- F2In connection with the spin-off of Phillips 66 on April 30, 2012 by ConocoPhillips, restricted stock units that were not vested and were held by ConocoPhillips officers or employees, who continued as officers or employees of ConocoPhillips immediately after the spin-off, were replaced with adjusted ConocoPhillips restricted stock units, which will generally preserve the intrinsic value of each restricted stock unit grant to the fair market value of ConocoPhillips common stock on the distribution date.
- F3These shares of Phantom Stock vest in two equal installments on the fourth and fifth anniversaries of the grant date, January 1, 2012.
- F4The shares of Phantom Stock do not have an expiration date.