Peter A. Dea - Dec 30, 2022 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 05:01 PM
Previous filing
Oct 12, 2022
Next filing
Jan 4, 2023

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 +662 +1.45% $0.00 46.3K Dec 30, 2022 Common Stock 662 Direct F1
transaction OVV Deferred Share Unit Award $0 +227 +0.49% $0.00 46.5K Dec 30, 2022 Common Stock 227 Direct F1, F2
transaction OVV Restricted Share Unit Award $0 +201 +0.5% $0.00 40.8K Dec 30, 2022 Common Stock 201 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, 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.