4 1 edgar.txt FORM 4 - 01/22/2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person McCoy, Joseph P. Burlington Resources Inc. 5051 Westheimer, Suite 1400 Houston, TX 77056 USA 2. Issuer Name and Ticker or Trading Symbol Burlington Resources Inc. BR 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 01/22/2003 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President and Controller 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |1/22/2|A (1|V|2,500 |A |(1) |7,500 |D | | |003 |) | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Stock Option (right to|$42.02 |1/22/|A | |2,300 |A |1/22/|1/21/|Common Stock|2,300 | |2,300 |D | | buy) | |03 | | | | |04 |13 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Stock Option (right to|$42.02 |1/22/|A | |7,700 |A |1/22/|1/22/|Common Stock|7,700 | |7,700 |D | | buy) | |03 | | | | |04 |13 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Performance Share Unit|1 for 1 |1/22/|A | |3,750 |A |(2) |(2) |Common Stock|3,750 |(2) |3,750 |D | | s | |03 | | | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Phantom Stock Units |1 for 1 |1/23/|A | |4,999 |A |(3) |(3) |Common Stock|4,999 |$31.72 |7,534 |D | | | |03 | | | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) These shares were awarded under the Burlington Resources Inc. (BR) 2002 Stock Incentive Plan, are subject to restriction on sale or transfer, are not fully vested, and are suject to risk of forfeiture on or before January 22, 2006. (2) These units vested under the BR 1997 Performance Share Unit Plan. The Compensation and Nominating Committee of BR's Board of Directors may, in its discretion, vest units annually based on the Company's achievement of its strategic, operating and financial objectives. A cash pay-out of vested units occurred in January 2003. (3) These Phantom Stock Units were acquired under the Company's deferred compensation plans and are to be settled in cash upon retirement or other termination from the Company. SIGNATURE OF REPORTING PERSON /s/ Joseph P. McCoy DATE 1/23/2003