ANDREW LUNDQUIST, Senior Vice President at ConocoPhillips (NYSE:COP), reported a large exercise of company stock options on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that LUNDQUIST, Senior Vice President at ConocoPhillips, a company in the Energy sector, just exercised stock options worth 30,800 shares of COP stock with an exercise price of $33.12.
ConocoPhillips shares are trading down 1.53% at $120.84 at the time of this writing on Friday morning. Since the current price is $120.84, this makes LUNDQUIST's 30,800 shares worth $3,721,872.
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