Meg Gentle - Mar 31, 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
Mar 31, 2021
Transactions value $
$0
Form type
4
Date filed
3/9/2022, 05:23 PM
Next filing
Jun 30, 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 Restricted Share Unit Award $0 +121 +1.53% $0.00 8.01K Mar 31, 2021 Common Stock 121 Direct F1, F2
transaction OVV Deferred Share Unit Award $0 +12 +0.64% $0.00 1.88K Jun 30, 2021 Common Stock 12 Direct F3, F4
* 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. ("Ovintiv") 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 March 31, 2021 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 31 RSUs on March 31, 2021; 24 RSUs on June 30, 2021; 33 RSUs on September 30, 2021; and 33 RSUs on December 31, 2021.
F3 Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.
F4 Represents grants of dividend equivalent DSUs from June 30, 2021 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 2 DSUs on June 30, 2021; 4 DSUs on September 30, 2021; and 6 DSUs on December 31, 2021.