Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WADE WILLIAM E JR
  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)
(Last)
(First)
(Middle)
600 NORTH DAIRY ASHFORD
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2009
(Street)

HOUSTON, TX 77079
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 03/18/2009   M   14,425 A $ 13.237 16,300 D  
Common Stock 03/18/2009   F   5,175 D $ 36.9309 11,125 D  
Common Stock 03/18/2009   M   5,770 A $ 14.4415 16,895 D  
Common Stock 03/18/2009   F   2,258 D $ 36.9309 14,637 D  
Common Stock 03/18/2009   M   5,770 A $ 22.864 20,407 D  
Common Stock 03/18/2009   F   3,575 D $ 36.9309 16,832 D  
Common Stock 03/18/2009   M   5,770 A $ 16.6528 22,602 D  
Common Stock 03/18/2009   F   2,603 D $ 36.9309 19,999 D  
Common Stock 03/18/2009   M   5,770 A $ 34.3454 25,769 D  
Common Stock 03/18/2009   F   5,372 D $ 36.9309 20,397 D  
Common Stock               367 I By Wade Family Trust

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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 Underlying Securities
(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 of Derivative Security: 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 Option (right to buy) $ 13.237 (1) 03/18/2009   M     14,425   (1) 03/31/2009 Common Stock 14,425 $ 0 0 D  
Stock Option (right to buy) $ 14.4415 (1) 03/18/2009   M     5,770   (1) 03/31/2009 Common Stock 5,770 $ 0 0 D  
Stock Option (right to buy) $ 22.864 (1) 03/18/2009   M     5,770   (1) 03/31/2009 Common Stock 5,770 $ 0 0 D  
Stock Option (right to buy) $ 16.6528 (1) 03/18/2009   M     5,770   (1) 03/31/2009 Common Stock 5,770 $ 0 0 D  
Stock Option (right to buy) $ 34.3454 (2) 03/18/2009   M     5,770   (2) 03/31/2009 Common Stock 5,770 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WADE WILLIAM E JR
600 NORTH DAIRY ASHFORD
HOUSTON, TX 77079
  X      

Signatures

 Chris Wood (By Power of Attorney filed with the Commission on May 2, 2008)   03/19/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The right to buy stock reflected by this stock option was initially granted to the reporting person by Burlington Resources Inc., and has been exercisable since the grant date. In June 2005, the common stock of Burlington Resources split on a 2-for-1 basis, and, following ConocoPhillips' acquisition of Burlington Resources in March 2006, the stock option converted into an option to purchase ConocoPhillips stock in accordance with the terms of the Agreement and Plan of Merger. As a result, the exercise price and the number of shares that may be acquired upon exercise of the stock options as of the date of the transactions reported herein reflect the stock split and the conversion upon merger.
(2) The right to buy stock reflected by this stock option was initially granted to the reporting person by Burlington Resources Inc., and has been exercisable since the grant date. Following ConocoPhillips' acquisition of Burlington Resources in March 2006, the stock option converted into an option to purchase ConocoPhillips stock in accordance with the terms of the Agreement and Plan of Merger. As a result, the exercise price and the number of shares that may be acquired upon exercise of the stock options as of the date of the transactions reported herein reflect the conversion upon merger.

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