Meg Gentle - Mar 31, 2022 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, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/6/2022, 10:58 AM
Previous filing: Dec 30, 2021
Next filing: May 19, 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	+29	+0.36%	$0.00	8.04K	Mar 31, 2022	Common Stock	29		Direct	F1, F2
transaction	OVV	Deferred Share Unit	Award	$0	+7	+0.3%	$0.00	2.3K	Mar 31, 2022	Common Stock	7		Direct	F3, F4

Showing 1 to 2 of 2 entries

* 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. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs.
F2	Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2022.
F3	Each Deferred Share Unit (each, "DSU") is the economic equivalent of one share of common stock of Ovintiv and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.
F4	Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2022.