Brian Gordon Shaw - May 16, 2025 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
Director
Signature
/s/Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
May 16, 2025
Transactions value $
-$100,981
Form type
4
Date filed
5/20/2025, 04:59 PM
Previous filing
Apr 2, 2025
Next filing
Jul 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shaw Brian Gordon Director SUITE 1700, 370 - 17 STREET, DENVER /s/Dawna Gibb, by Power of Attorney 2025-05-20 0001518451

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVV Common Stock Options Exercise +5.53K +13.68% 46K May 16, 2025 Direct F3, F5
transaction OVV Common Stock Tax liability -$101K -2.66K -5.78% $38.02 43.3K May 16, 2025 Direct F4, F6

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 Award $0 +5.53K $0.00 5.53K May 16, 2025 Common Stock 5.53K Direct F1
transaction OVV Restricted Share Unit Options Exercise $0 -5.53K -100% $0.00 0 May 16, 2025 Common Stock 5.53K Direct F2
* 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 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 Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs) to satisfy payment of tax withholding obligations.
F5 RSUs convert into Ovintiv common stock on a one-for-one basis.
F6 The RSUs settled in Canadian dollars at a price of CAD$53.15 per RSU and is determined based on the volume-weighted average price of one share of Ovintiv common stock as traded on the Toronto Stock Exchange for the five trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 8, 2025. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.