Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OVV | Common Stock | Options Exercise | +7.89K | +11.04% | 79.3K | Sep 10, 2022 | Direct | F2, F3, F4 | ||
transaction | OVV | Common Stock | Disposed to Issuer | -$405K | -7.89K | -9.94% | $51.31 | 71.4K | Sep 10, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OVV | Performance Share Unit | Options Exercise | $0 | -7.89K | -100% | $0.00* | 0 | Sep 10, 2022 | Common Stock | 7.89K | Direct | F1, F2 |
Id | Content |
---|---|
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 yields dividend equivalent PSUs. |
F2 | Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. |
F3 | Represents the settlement upon vesting of PSUs. |
F4 | PSUs convert into Ovintiv common stock on a one-for-one basis. |