SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WADE WILLIAM E JR

(Last) (First) (Middle)
600 NORTH DAIRY ASHFORD

(Street)
HOUSTON TX 77079

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CONOCOPHILLIPS [ COP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/31/2006 A(1) 1,875 A (2) 1,875 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $13.24 03/31/2006 A(1) 14,425 (3) 07/12/2011 Common Stock 14,425 (4) 14,425 D
Stock Options (right to buy) $14.44 03/31/2006 A(1) 5,770 (3) 04/17/2012 Common Stock 5,770 (5) 5,770 D
Stock Options (right to buy) $16.65 03/31/2006 A(1) 5,770 (3) 04/23/2013 Common Stock 5,770 (6) 5,770 D
Stock Options (right to buy) $22.86 03/31/2006 A(1) 5,770 (3) 04/21/2014 Common Stock 5,770 (7) 5,770 D
Stock Options (right to buy) $34.35 03/31/2006 A(1) 5,770 (3) 04/27/2015 Common Stock 5,770 (8) 5,770 D
Phantom Stock Units (9) 03/31/2006 A(1) 17,209.49 (3) (10) Common Stock 17,209.49 (11) 17,209.49 D
Phantom Stock Units (9) 03/31/2006 A 295.49 (3) (10) Common Stock 295.49 $63.46 17,504.97 D
Explanation of Responses:
1. In connection with the merger (the "Merger") of Burlington Resources into and with a subsidiary of ConocoPhillips on March 31, 2006, each share of Burlington Resources common stock was converted into the right to receive $46.50 in cash and 0.7214 shares of ConocoPhillips common stock. In addition, certain options and awards with respect to shares of Burlington common stock were converted into options and awards with respect to ConocoPhillips common stock at a ratio of one to approximately 1.4426. Each of these transactions is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to, without limitation, Rule 16b-3.
2. These shares and certain cash were received in connection with the Merger in exchange for 2,600 shares of Burlington common stock.
3. Immediately.
4. Received in connection with the Merger in exchange for options to acquire 10,000 shares of Burlington common stock for $19.10 per share.
5. Received in connection with the Merger in exchange for options to acquire 4,000 shares of Burlington common stock for $20.83 per share.
6. Received in connection with the Merger in exchange for options to acquire 4,000 shares of Burlington common stock for $24.02 per share.
7. Received in connection with the Merger in exchange for options to acquire 4,000 shares of Burlington common stock for $32.98 per share.
8. Received in connection with the Merger in exchange for options to acquire 4,000 shares of Burlington common stock for $49.55 per share.
9. 1-for-1
10. These phantom stock units were acquired under a deferred compensation plan and are to be settled in cash upon retirement or other termination from the Company.
11. Received in connection with the Merger in exchange for 11,930 Burlington Phantom Stock Units.
Remarks:
Michael A. Gist, attorney-in-fact (Power of Attorney filed with the Commission on 04/04/2006) 04/04/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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