Renee Ellen Zemljak - Mar 31, 2023 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
EVP, Midstream, Mrktg & Fndmtl
Signature
/s/Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 06:11 PM
Previous filing
Mar 10, 2023
Next filing
Jul 5, 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 Restricted Share Unit Award $0 +304 +0.71% $0.00 43.2K Mar 31, 2023 Common Stock 304 Direct F1, F2
transaction OVV Deferred Share Unit Award $0 +52 +0.73% $0.00 7.21K Mar 31, 2023 Common Stock 52 Direct F3, F4
* 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 common stock of Ovintiv Inc. ("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, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
F2 Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2023.
F3 Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent DSUs. DSUs are held until retirement from the company.
F4 Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2023.