Brendan Michael McCracken - Aug 5, 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
President & CEO, Director
Signature
/s/ Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Aug 5, 2022
Transactions value $
-$1,034,847
Form type
4
Date filed
8/9/2022, 04:06 PM
Previous filing
Jul 5, 2022
Next filing
Sep 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVV Common Stock Options Exercise +21.6K +38.74% 77.5K Aug 5, 2022 Direct F2, F3
transaction OVV Common Stock Disposed to Issuer -$1.03M -21.6K -27.92% $47.81 55.9K Aug 5, 2022 Direct

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 Options Exercise $0 -21.6K -10.46% $0.00 185K Aug 5, 2022 Common Stock 21.6K Direct F1
* 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 yields 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 Represents the settlement upon vesting of RSUs.
F3 RSUs convert into Ovintiv common stock on a one-for-one basis.