George Pita - Jul 1, 2021 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/ Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Jul 1, 2021
Transactions value $
$84,392
Form type
4
Date filed
7/6/2021, 03:14 PM
Next filing
Aug 12, 2021

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 (Director Restricted Share Unit) Award $84.4K +2.62K $32.26 2.62K Jul 1, 2021 Common Stock 2.62K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Director Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. The RSUs vest immediately and settle in cash or common stock on the earlier of retirement from the Board or three years from the grant date.