Ryan Michael Lance - 05 Oct 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)
Issuer symbol: COP
Transactions as of: 05 Oct 2022
Transactions value $: -$192,320
Form type: 4
Filing time: 06 Oct 2022, 16:08:24 UTC
Previous filing: 30 Aug 2022
Next filing: 01 Dec 2022
SEC: View on sec.gov

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	05 Oct 2022	Direct	F1
transaction	COP	Common Stock	Tax liability	-$57.4K	-497	-1.09%	$115.51	45.2K	05 Oct 2022	Direct	F2
holding	COP	Common Stock						50.7K	05 Oct 2022	By Lance Family Trust
holding	COP	Common Stock						18.5K	05 Oct 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	05 Oct 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.