Brian Gordon Shaw - Dec 30, 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
Dec 30, 2021
Transactions value $
$14,202
Form type
4
Date filed
12/30/2021, 05:15 PM
Previous filing
Oct 1, 2021
Next filing
Apr 4, 2022

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 $14.2K +427 +1.49% $33.26 29K Dec 30, 2021 Common Stock 427 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$42.49 per DSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.