Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OVV | Common Stock | Options Exercise | +4.48K | +21.12% | 25.7K | May 18, 2022 | Direct | F3, F5 | ||
transaction | OVV | Common Stock | Tax liability | -$96.7K | -2.15K | -8.37% | $45.02 | 23.5K | May 18, 2022 | Direct | F4, F6 |
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 | +4.48K | +20.57% | $0.00 | 26.2K | May 18, 2022 | Common Stock | 4.48K | Direct | F1 | |
transaction | OVV | Restricted Share Unit | Options Exercise | $0 | -4.48K | -17.06% | $0.00 | 21.8K | May 18, 2022 | Common Stock | 4.48K | Direct | F2 |
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 | Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs. |
F3 | Represents the settlement upon vesting of RSU. |
F4 | Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs) to satisfy payment of tax withholding obligations. |
F5 | RSUs convert into Ovintiv common stock on a one-for-one basis. |
F6 | The RSUs settled in Canadian dollars at a price of CAD$57.81 per RSU and is determined based on the volume-weighted average price of one share of Ovintiv common stock as traded on the Toronto Stock Exchange for the five trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 10, 2022. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. |