Brian Gordon Shaw - 30 Jun 2021 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb by Power of Attorney
Issuer symbol
OVV
Transactions as of
30 Jun 2021
Net transactions value
+$14,072
Form type
4
Filing time
30 Jun 2021, 18:31:04 UTC
Previous filing
09 Mar 2022
Next filing
01 Oct 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OVV Rights (Deferred Share Units) Award $14,072 +448 +1.6% $31.41 28,199 30 Jun 2021 Common Stock 448 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.
F2 The DSUs were awarded in Canadian dollars at a price of CAD$38.93 per DSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.