Corey Douglas Code - 07 Mar 2025 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
EVP & CFO
Signature
/s/Dawna Gibb by Power of Attorney
Issuer symbol
OVV
Transactions as of
07 Mar 2025
Net transactions value
-$1,631,780
Form type
4
Filing time
11 Mar 2025, 17:58:20 UTC
Previous filing
02 Jan 2025
Next filing
02 Apr 2025
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 +8,375 +6.5% 136,572 07 Mar 2025 Direct F3, F4
transaction OVV Common Stock Tax liability $159,071 -4,021 -2.9% $39.56 132,551 07 Mar 2025 Direct F5, F10
transaction OVV Common Stock Options Exercise +18,921 +14% 151,472 10 Mar 2025 Direct F3, F4
transaction OVV Common Stock Tax liability $352,239 -9,083 -6% $38.78 142,389 10 Mar 2025 Direct F5, F10
transaction OVV Common Stock Options Exercise +28,893 +20% 171,282 10 Mar 2025 Direct F7, F8, F9
transaction OVV Common Stock Disposed to Issuer $1,120,471 -28,893 -17% $38.78 142,389 10 Mar 2025 Direct F10, F11
holding OVV Common Stock 939 07 Mar 2025 TFSA

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 -8,375 -15% $0.000000 48,056 07 Mar 2025 Common Stock 8,375 Direct F1
transaction OVV Restricted Share Unit Award $0 +13,104 +27% $0.000000 61,160 10 Mar 2025 Common Stock 13,104 Direct F1
transaction OVV Restricted Share Unit Award $0 +13,104 +21% $0.000000 74,264 10 Mar 2025 Common Stock 13,104 Direct F1
transaction OVV Restricted Share Unit Award $0 +13,104 +18% $0.000000 87,368 10 Mar 2025 Common Stock 13,104 Direct F1
transaction OVV Restricted Share Unit Options Exercise $0 -18,921 -22% $0.000000 68,447 10 Mar 2025 Common Stock 18,921 Direct F2
transaction OVV Performance Share Unit Options Exercise $0 -28,893 -100% $0.000000 0 10 Mar 2025 Common Stock 28,893 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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
F2 Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.
F3 Represents the settlement upon vesting of RSUs.
F4 RSUs convert into Ovintiv common stock on a one-for-one basis.
F5 Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs or PSUs, as applicable) to satisfy payment of tax withholding obligations.
F6 Each Performance Share Unit ("PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent PSUs.
F7 Settlement of the PSUs was based on a performance criteria multiplier of 115 percent.
F8 Represents the settlement upon vesting of PSUs.
F9 PSUs convert into Ovintiv common stock on a one-for-one basis.
F10 The RSUs and PSUs settled in Canadian dollars at a price of CAD$56.85 per RSU on March 7, 2025 and CAD$55.96 per RSU or PSU on March 10, 2025. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F11 Includes 11 shares of Ovintiv common stock acquired in 2024 and not previously reported.