Key facts
- This page summarizes Corey Douglas Code's Form 4 filing for Ovintiv Inc. (OVV).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 19 May 2022, 19:07.
Corey Douglas Code - 18 May 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)
- Reporting relationship
- EVP & CFO
- Issuer ticker
- OVV
- Reported as of
- 18 May 2022
- Net transaction value
- -$570,538
- SEC form
- 4
- Accepted by SEC
- 19 May 2022, 19:07:03 UTC
- Prior SEC filing
- 07 Apr 2022
- Next SEC filing
- 05 Jul 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/Dawna Gibb by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Corey Douglas Code filed Form 4 for Ovintiv Inc. (OVV) on 19 May 2022.
Change
- Previous filing in this sequence was filed on 07 Apr 2022.
- Current net transaction value: -$570,538.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OVV
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +12,673
- Change %
- +24%
- Price
- Shares after
- 65,373
- Date
- 18 May 2022
- Ownership
- Direct
- Footnotes
- F2, F3, F4
OVV
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $570,538
- Shares
- -12,673
- Change %
- -19%
- Price
- $45.02
- Shares after
- 52,700
- Date
- 18 May 2022
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
OVV
transaction
Derivative
Performance Share Unit
Options Exercise
- Transaction value
- $0
- Shares
- -12,673
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 18 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,673
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one common share of Ovintiv Inc. ("Ovintiv") common stock and attracts dividend equivalent PSUs.
Footnote F2
Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent.
Footnote F3
Represents the settlement upon vesting of PSUs.
Footnote F4
PSUs convert into Ovintiv common stock on a one-for-one basis.
Footnote F5
The PSU is settled in Canadian dollars at a price of CAD$57.81 per PSU 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.