Suzanne P. Nimocks - Mar 8, 2023 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Mar 8, 2023
Transactions value $
$0
Form type
4
Date filed
3/10/2023, 04:11 PM
Previous filing
Feb 21, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVV Common Stock Options Exercise +15.7K +71.17% 37.7K Mar 8, 2023 Direct F2, 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 Restricted Share Unit Options Exercise $0 -15.7K -66.23% $0.00 8K Mar 8, 2023 Common Stock 15.7K 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 ("RSU") is the economic equivalent of one share of Ovintiv Inc. ("Ovintiv") common stock and yields dividend equivalent RSUs.
F2 Represents the settlement upon vesting of RSUs.
F3 RSUs convert into Ovintiv common stock on a one-for-one basis.