ConocoPhillips EVP exercises 4,103 stock units
ConocoPhillips Executive Vice President Kirk L. Johnson exercised 4,103 stock units into 4,103 shares of common stock.
Rhea-AI Filing Summary
ConocoPhillips Executive Vice President Kirk L. Johnson exercised 4,103 stock units into 4,103 shares of common stock. Each stock unit was economically equivalent to one share and represented ConocoPhillips common stock on a 1-for-1 basis, including units acquired as dividend equivalents.
To satisfy tax obligations related to this conversion, 1,615 shares of common stock were delivered at a price of $111.23 per share under a tax-withholding disposition. Following these transactions, Johnson directly holds 17,015 shares of ConocoPhillips common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 4,103 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,103 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,615 | $111.23 | $180K |
Footnotes (4)
- F1. The amount includes units acquired as dividend equivalents pursuant to the award agreement.
- F2. Each stock unit was the economic equivalent of one share of common stock and settled in shares.
- F3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- F4. The stock units grant settles 3 years from date of grant, subject to earlier or partial settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change in control.
FAQ
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What did ConocoPhillips (COP) executive Kirk L. Johnson report on this Form 4?
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