Form 4 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION STATEMENT OF
CHANGES IN BENEFICIAL OWNERSHIP |
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OMB Number: 3235-0287 | |||
Expires: January 31, 2005 | |||
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box if no longer subject to Section 16. Form 4 or Form 5 obligations may
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1.
Name and Address of Reporting Person* Fluor, Peter J. |
2.
Issuer Name and Ticker or Trading Symbol Devon Energy Corporation (DVN) |
6. Relationship of Reporting Person(s) to Issuer _X_ Director ___ 10% Owner ___ Officer (give title below) ___ Other (specify below) |
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Texas Crude Energy, Inc. P.O. Box 56586 |
3.
I.R.S. Identification Number of Reporting Person, if an entity (voluntary) |
4.
Statement for Month/Day/Year 04/25/2003 |
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Houston, TX |
5.
If Amendment, Date of Original (Month/Day/Year) |
7.
Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
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(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 Transactions (Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | Amount | (A) or (D) |
Price | ||||||
Common | 04/25/2003 | A | 12,419 | A | (1) | 12,419 | D | |||
Common | 04/25/2003 | A | 25,191 | A | (2) | 25,191 | I | (2) |
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 Instructions 4(b)(v). |
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Potential persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB control
number. |
(Over) SEC 1474 (9-02) |
FORM 4 (continued) |
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) |
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Code | V | (A) | (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
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Stock Option (Right to Buy) SGO-(93D)NQ | $63.70 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/11/2003 | Common | 2,484 | (3) | 2,484 | D | ||||
Stock Option (Right to Buy) SGO-(93D)NQ | $61.59 | 04/25/2003 | A | 2,484 | 04/25/2003 | 06/01/2004 | Common | 2,484 | (4) | 2,484 | D | ||||
Stock Option (Right to Buy) SGO-(93D)NQ | $45.59 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/15/2005 | Common | 2,484 | (5) | 2,484 | D | ||||
Stock Option (Right to Buy) SGO-(93D)NQ | $57.36 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/14/2006 | Common | 2,484 | (6) | 2,484 | D | ||||
Stock Option (Right to Buy) SGO-(93D)NQ | $44.38 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/13/2007 | Common | 2,484 | (7) | 2,484 | D | ||||
Stock Option (Right to Buy) SGO-(93D)NQ | $41.96 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/13/2008 | Common | 2,484 | (8) | 2,484 | D | ||||
Stock Option (Right to Buy) OEI-(99)NQ | $23.55 | 04/25/2003 | A | 4,140 | 04/25/2003 | 05/25/2009 | Common | 4,140 | (9) | 4,140 | D | ||||
Stock Option (Right to Buy) OEI-(99)NQ | $37.89 | 04/25/2003 | A | 2,484 | 04/25/2003 | 04/10/2010 | Common | 2,484 | (10) | 2,484 | D | ||||
Stock Option (Right to Buy) OEI-(99)NQ | $43.26 | 04/25/2003 | A | 2,484 | 04/25/2003 | 05/09/2011 | Common | 2,484 | (11) | 2,484 | D | ||||
Stock Option (Right to Buy) OEI-(01)NQ | $54.54 | 04/25/2003 | D | 2,484 | 04/25/2003 | 05/14/2012 | Common | 2,484 | (12) | 2,484 | D |
Explanation of Responses: (1) Received in exchange for 29,998 shares of Ocean Energy, Inc. ("OEI") Common Stock in connection with merger of OEI into Devon Energy Corporation ("DVN")(the "Merger"). On the effective date of the Merger, the closing price of DVN Common Stock was $48.65 per share, and the exchange rate was 0.414 of DVN Common Stock for each share of OEI Common Stock. (2) Represents share interest received in exchange for a 60,848 share interest held in the OEI Outside Directors Deferred Fee Plan as of April 25, 2003 in connection with the Merger. On the effective date of the Merger, the closing price of DVN Common Stock was $48.65 per share, and the exchange rate was 0.414 of DVN Common Stock for each share of OEI Common Stock. (3) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $26.3750 per share. (4) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $25.50 per share. (5) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $18.8750 per share. (6) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $23.75 per share. (7) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $18.3750 per share. (8) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $17.3750 per share. (9) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 10,000 shares of OEI Common Stock for $9.75 per share. (10) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $15.6875 per share. (11) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $17.91 per share. (12) Received in the Merger in exchange for a Non-Qualified Stock Option to acquire 6,000 shares of OEI Common Stock for $22.58 per share. |
** | Intentional
misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
/s/ Janice A. Dobbs
**Signature of Reporting Person Attorney-in-Fact for Peter J. Fluor |
04/29/2003
Date |
Note: | File three
copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Potential persons who are to respond
to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
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