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Ovintiv Inc. — Director's Dealing 2021
Aug 10, 2021
30579_dirs_2021-08-10_765c1275-04a9-48c4-be70-b0aa4c4bd62f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ovintiv Inc. (OVV)
CIK: 0001792580
Period of Report: 2021-08-09
Reporting Person: Givens Gregory Dean (EVP & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-09 | Common Stock | M | 7004 | $25.35 | Acquired | 43076 | Direct |
| 2021-08-09 | Common Stock | D | 7004 | $25.35 | Disposed | 36072 | Direct |
| 2021-08-09 | Common Stock | M | 3537 | $25.35 | Acquired | 39609 | Direct |
| 2021-08-09 | Common Stock | D | 3537 | $25.35 | Disposed | 36072 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-09 | Rights (Restricted Stock Units) | $ | M | 7004 | Disposed | 2021-08-09 | Common Stock (7004) | Direct |
| 2021-08-09 | Rights (Performance Stock Units) | $ | M | 3537 | Disposed | 2021-08-09 | Common Stock (3537) | Direct |
Footnotes
F1: Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of Ovintiv Inc. common stock and attracts dividend equivalent RSUs.
F2: Each Performance Stock Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is valued based on the economic equivalent of one common share of Ovintiv Inc. common stock and attracts dividend equivalent PSUs.
F3: Settlement of the PSUs was based on a performance criteria multiplier of 78.4 percent.
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