Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OVV | Common Stock | Options Exercise | +14.5K | +61.54% | 38K | Mar 8, 2023 | Direct | F2, F3 | ||
transaction | OVV | Common Stock | Tax liability | -$309K | -7.01K | -18.45% | $44.05 | 31K | Mar 8, 2023 | Direct | F4, F5 |
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 | -14.5K | -65.49% | $0.00 | 7.63K | Mar 8, 2023 | Common Stock | 14.5K | Direct | F1 |
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. |
F4 | Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs) to satisfy payment of tax withholding obligations. |
F5 | The RSUs settled in Canadian dollars at a price of CAD$60.72 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. |