George Pita - Sep 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
Sep 30, 2021
Transactions value $
$0
Form type
4
Date filed
3/9/2022, 05:06 PM
Previous filing
Aug 26, 2021
Next filing
Mar 16, 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 Restricted Share Unit Award $0 +22 +0.84% $0.00 2.64K Sep 30, 2021 Common Stock 22 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share 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 the retirement from the Board or three years from the grant date, subject to the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
F2 Represents grants of dividend equivalent RSUs from September 30, 2021 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 11 RSUs on September 30, 2021 and 11 RSUs on December 31, 2021.