Corey Douglas Code - 14 Nov 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
EVP & CFO
Signature
/s/Dawna Gibb by Power of Attorney
Issuer symbol
OVV
Transactions as of
14 Nov 2022
Net transactions value
-$720,845
Form type
4
Filing time
15 Nov 2022, 16:53:35 UTC
Previous filing
04 Oct 2022
Next filing
03 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVV Common Stock Options Exercise $413,379 +19,760 +37% $20.92 72,460 14 Nov 2022 Direct F2
transaction OVV Common Stock Disposed to Issuer $1,134,224 -19,760 -27% $57.40 52,700 14 Nov 2022 Direct F3

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 Stock Option Options Exercise $0 -19,760 -100% $0.000000* 0 14 Nov 2022 Common Stock 19,760 $20.92 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option to buy Ovintiv Inc. ("Ovintiv") common stock with tandem stock appreciation right. Each Stock Option is the economic equivalent of one share of Ovintiv common stock.
F2 The Stock Options were awarded in Canadian dollars at a price of CAD$27.80 per Stock Option. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F3 The shares of Ovintiv common stock were sold in Canadian dollars at a price of CAD$76.27 per share. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.