PETER A. DEA - 07 Aug 2023 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Issuer symbol
OVV
Transactions as of
07 Aug 2023
Net transactions value
$0
Form type
4
Filing time
02 Oct 2023, 18:38:32 UTC
Previous filing
02 Aug 2023
Next filing
12 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVV Common Stock Options Exercise +12,056 +29% 53,971 07 Aug 2023 Direct F2, F3, F4

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 -12,056 -47% $0.000000 13,752 07 Aug 2023 Common Stock 12,056 Direct F1, F2
transaction OVV Restricted Share Unit Award $0 +157 +1.1% $0.000000 13,909 29 Sep 2023 Common Stock 157 Direct F1, F5
transaction OVV Deferred Share Unit Award $0 +299 +0.61% $0.000000 49,263 29 Sep 2023 Common Stock 299 Direct F6, F7
* 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.
F2 The transaction is in connection with the vesting or settlement of RSUs and the transaction was only with the Company.
F3 Represents the settlement upon vesting of RSUs.
F4 RSUs convert into Ovintiv common stock on a one-for-one basis.
F5 Dividend equivalent RSUs received in lieu of cash dividends for the third quarter of 2023.
F6 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 Board.
F7 Dividend equivalent DSUs received in lieu of cash dividends for the third quarter of 2023.