PETER A. DEA - 08 Mar 2024 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Issuer symbol
OVV
Transactions as of
08 Mar 2024
Transactions value $
$0
Form type
4
Filing time
12 Mar 2024, 16:51:17 UTC
Previous filing
05 Mar 2024
Next filing
01 Apr 2024
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 +14,003 +26% 67,974 08 Mar 2024 Direct F2, F3

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 -14,003 -100% $0* 0 08 Mar 2024 Common Stock 14,003 Direct F1
* 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 Represents the settlement upon vesting of RSUs.
F3 RSUs convert into Ovintiv common stock on a one-for-one basis.