Woitas Clayton Harvey 5
5 · Ovintiv Inc. · Filed Mar 3, 2020
Insider Transaction Report
Form 5
Ovintiv Inc.OVV
Woitas Clayton Harvey
Director
Transactions
- Award
Rights (Deferred Share Unit)
2019-06-28$25.00/sh+1,001$25,025→ 38,395 total→ Common Stock (1,001 underlying) - Award
Rights (Deferred Share Unit)
2019-09-30$23.05/sh+1,084$24,986→ 39,479 total→ Common Stock (1,084 underlying) - Award
Rights (Deferred Share Unit)
2019-03-29$36.05/sh+694$25,019→ 37,394 total→ Common Stock (694 underlying) - Award
Rights (Deferred Share Unit)
2019-12-31$23.00/sh+1,088$25,024→ 40,567 total→ Common Stock (1,088 underlying)
Footnotes (8)
- [F1]Pursuant to Rule 12g-3(a) under the Exchange Act, Ovintiv Inc. ("Ovintiv") is the successor issuer to Encana Corporation ("Encana").
- [F2]On January 24, 2020, Encana completed a corporate reorganization (the "Reorganization") which included, among other things, a share consolidation on the basis of one post-consolidation share for each five preconsolidation shares (the "Share Consolidation") and Ovintiv Inc. ultimately acquiring all of the issued and outstanding common shares of Encana in exchange for shares of Ovintiv on a one-for-one basis. The amount of securities beneficially owned reflect completion of the Reorganization, including the Share Consolidation.
- [F3]Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Ovintiv. DSUs are held until termination of employment.
- [F4]The amount of DSUs have been adjusted for the Share Consolidation.
- [F5]3,648 DSUs were awarded at a pre-consolidation price of CAD$9.68 per DSU (CAD$48.40 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.
- [F6]5,003 DSUs were awarded at a pre-consolidation price of CAD$6.54 per DSU (CAD$32.70 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.
- [F7]5,419 DSUs were awarded at a pre-consolidation price of CAD$6.11 per DSU (CAD$30.55 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.
- [F8]5,440 DSUs were awarded at a pre-consolidation price of CAD$6.04 per DSU (CAD$30.20 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.