Ovintiv Inc. — Director's Dealing 2022

Apr 6, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ovintiv Inc. (OVV)
CIK: 0001792580
Period of Report: 2022-03-31

Reporting Person: Nimocks Suzanne P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-31	Common Stock	P	25	—	Acquired	17547	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-31	Restricted Share Unit	$	A	85	Acquired		Common Stock (85)	Direct
2022-03-31	Deferred Share Unit	$	A	77	Acquired		Common Stock (77)	Direct

Footnotes

F1: Each Restricted Share Unit (each, "RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts 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: Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2022.

F3: Each Deferred Share Unit (each, "DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.

F4: Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2022.

F5: Ovintiv common stock acquired through reinvested dividends for the first quarter of 2022.

F6: The common stock was acquired at market prices on March 31, 2022 which ranged from US$53.65 to US$55.55 per common share.