PETER A. DEA - 31 Mar 2021 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Issuer symbol
OVV
Transactions as of
31 Mar 2021
Transactions value $
$0
Form type
4
Filing time
09 Mar 2022, 16:33:30 UTC
Next filing
30 Jun 2021
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 +5,414 +150% 9,016 08 Mar 2022 Direct F1, F2, F8

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 -5,414 -12% $0 39,997 08 Mar 2022 Common Stock 5,414 Direct F3, F4
transaction OVV Deferred Share Unit Award $0 +616 +1.5% $0 42,907 31 Mar 2021 Common Stock 616 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement upon vesting of Restricted Share Units ("RSUs")
F2 RSUs convert into Ovintiv Inc. ("Ovintiv")common stock on a one-for-one basis
F3 Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs.
F4 Includes 2,386 RSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 850 RSUs on March 30, 2020; 231 RSUs on June 30, 2020; 394 RSUs on September 30, 2020; 226 RSUs on December 31, 2020; 173 RSUs on March 31, 2021; 134 RSUs on June 30, 2021; 188 RSUs on September 30, 2021; and 190 RSUs on December 31, 2021.
F5 Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.
F6 Represents grants of dividend equivalent DSUs from March 31, 2021 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 149 DSUs on March 31, 2021; 118 DSUs on June 30, 2021; 171 DSUs on September 30, 2021; and 178 DSUs on December 31, 2021.
F7 Includes 1,887 DSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 948 DSUs on March 30, 2020; 319 DSUs on June 30, 2020; 380 DSUs on September 30, 2020; and 240 DSUs on December 31, 2020.
F8 Includes Ovintiv common stock acquired through reinvested dividends