Rachel Maureen Moore - 03 Mar 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role: EVP, Corporate Services
Signature: /s/Dawna Gibb, by Power of Attorney
Issuer symbol: OVV
Transactions as of: 03 Mar 2022
Net transactions value: -$73,620
Form type: 4
Filing time: 07 Mar 2022, 12:30:38 UTC
Previous filing: 09 Mar 2022
Next filing: 07 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OVV	Common Stock	Options Exercise	$65,850	+3,000	+45%	$21.95	9,718	03 Mar 2022	Direct	F2
transaction	OVV	Common Stock	Disposed to Issuer	$139,470	-3,000	-31%	$46.49	6,718	03 Mar 2022	Direct	F3

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	Stock Option	Options Exercise	$0	-3,000	-49%	$0.000000	3,130	03 Mar 2022	Common Stock	3,000	$21.95	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Option to buy Ovintiv Inc. common stock with tandem stock appreciation right. Each Stock Option is the economic equivalent of one share of Ovintiv Inc. common stock.
F2	The Stock Options were awarded in Canadian dollars at a price of CAD$27.80 per Stock Option. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F3	The shares of Ovintiv Inc. common stock were sold in Canadian dollars at a price of CAD$58.88 per share. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.