Renee Ellen Zemljak - Jun 30, 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
EVP, Midstream, Mrktg & Fndmtl
Signature
/s/Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Jun 30, 2022
Transactions value $
$0
Form type
4
Date filed
7/5/2022, 03:23 PM
Previous filing
Apr 7, 2022
Next filing
Oct 4, 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 Deferred Share Unit Award $0 +39 +0.55% $0.00 7.08K Jun 30, 2022 Common Stock 39 Direct F1, F2
transaction OVV Restricted Share Unit Award $0 +331 +0.55% $0.00 60.8K Jun 30, 2022 Common Stock 331 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Share Unit (each, "DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts dividend equivalent DSUs. DSUs are held until retirement from the company.
F2 Dividend equivalent DSUs received in lieu of cash dividends for the second quarter of 2022.
F3 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.
F4 Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2022.