Renee Ellen Zemljak - 12 Mar 2024 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role: EVP, Midstream, Mrktg & Fndmtl
Signature: /s/Dawna Gibb, by Power of Attorney
Issuer symbol: OVV
Transactions as of: 12 Mar 2024
Transactions value $: -$4,035,191
Form type: 4
Filing time: 14 Mar 2024, 16:59:41 UTC
Previous filing: 12 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	$359K	+10K	+10.05%	$35.80	110K	12 Mar 2024	Direct
transaction	OVV	Common Stock	Disposed to Issuer	-$508K	-10K	-9.13%	$50.62	99.9K	12 Mar 2024	Direct
transaction	OVV	Common Stock	Sale	-$3.89M	-76.3K	-76.31%	$50.96	23.7K	14 Mar 2024	Direct

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	Stock Appreciation Right	Options Exercise	$0	-10K	-100%	$0.00^*	0	12 Mar 2024	Common Stock	10K	$35.80	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Stock Appreciation Right is the economic equivalent of one Ovintiv. Inc. common stock.