Bruce Gordon Waterman - 30 Dec 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Issuer symbol
OVV
Transactions as of
30 Dec 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2023, 16:54:51 UTC
Previous filing
04 Oct 2022
SEC
View on sec.gov

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 +448 +1% $0.000000 44,888 30 Dec 2022 Common Stock 448 Direct F1
transaction OVV Deferred Share Unit Award $0 +221 +0.49% $0.000000 45,109 30 Dec 2022 Common Stock 221 Direct F1, F2
transaction OVV Restricted Share Unit Award $0 +119 +0.5% $0.000000 24,069 30 Dec 2022 Common Stock 119 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Bruce Gordon Waterman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

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