Meghan Nicole Eilers - Mar 31, 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role: EVP, GC & Corporate Secretary
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, 05:35 PM
Previous filing: Mar 9, 2022
Next filing: Jul 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OVV	Common Stock	Purchase		+48	+1.34%		3.63K	Mar 31, 2022	Direct	F3, F4
transaction	OVV	Common Stock	Purchase		+10	+0.36%		2.76K	Mar 31, 2022	401K	F3, F4

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	+76	+0.37%	$0.00	20.8K	Mar 31, 2022	Common Stock	76		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. ("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, subject to the grantee's continued employment with Ovintiv or its affiliate through the applicable exercise date.
F2	Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2022.
F3	Ovintiv common stock acquired through reinvested dividends for the first quarter of 2022.
F4	The common stock was acquired at market prices on March 31, 2022 which ranged from US$53.65 to US$55.55 per common share.