McMorran James D 4
4 · CONOCOPHILLIPS · Filed Feb 21, 2018
Insider Transaction Report
Form 4
McMorran James D
Vice President
Transactions
- Exercise/Conversion
Common Stock
2018-02-17+3,510→ 0 total - Tax Payment
Common Stock
2018-02-17$54.65/sh−909$49,672→ 0 total - Exercise/Conversion
Stock Units
2018-02-17−3,510→ 0 total→ Common Stock (3,510 underlying) - Disposition to Issuer
Common Stock
2018-02-17$54.65/sh−2,601$142,132→ 0 total
Holdings
- 2,031.03(indirect: By ConocoPhillips Savings Plan)
Common Stock
Footnotes (5)
- [F1]Each stock unit was the economic equivalent of one share of common stock. The shares settled in cash.
- [F2]Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
- [F3]The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- [F4]The stock units will be forfeited if the reporting person separates from service prior to the end of an escrow period ending on the earliest to occur of the following: (a) termination of employment as a result of layoff; (b) termination of employment after attainment of age 55 with five years of service; (c) termination of employment due to death or total disability; (d) termination of employment following a change in control; or (e) February 17, 2018. During the escrow period, the reporting person may not dispose of the stock units. The stock units will be settled in cash on the later of (a) the end of the escrow period or (b) the earlier of (i) death (ii) February 17, 2018 or (iii) six months after separation from service in which case the stock units will be settled in cash based on the fair market value of the units on that date. The reporting person may also elect to defer settlement of stock units until a later date.
- [F5]The stock units do not have an expiration date.