Meg Gentle - 31 Mar 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Issuer symbol
OVV
Transactions as of
31 Mar 2022
Net transactions value
$0
Form type
4
Filing time
06 Apr 2022, 10:58:06 UTC
Previous filing
30 Dec 2021
Next filing
19 May 2022
SEC
View on sec.gov

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% $0.000000 8,036 31 Mar 2022 Common Stock 29 Direct F1, F2
transaction OVV Deferred Share Unit Award $0 +7 +0.3% $0.000000 2,303 31 Mar 2022 Common Stock 7 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. 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.