Suttles Douglas James 4

4 · Ovintiv Inc. · Filed Mar 2, 2021

Insider Transaction Report

Form 4

Period: 2021-02-26

Ovintiv Inc.OVV

Suttles Douglas James

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Common Stock
2021-02-26$22.81/sh+23,906$545,296→ 118,662 total
Exercise/Conversion
Common Stock
2021-02-26$22.81/sh+37,484$855,010→ 156,146 total
Award
Rights (Restricted Stock Unit)
2021-02-26+69,414→ 613,175 total
From: 2023-02-26→ Common Stock (69,414 underlying)
Exercise/Conversion
Common Stock
2021-02-28$23.08/sh+66,909$1,544,260→ 223,055 total
Award
Rights (Restricted Stock Unit)
2021-02-26+69,414→ 543,761 total
From: 2022-02-26→ Common Stock (69,414 underlying)
Award
Rights (Restricted Stock Unit)
2021-02-26+69,414→ 682,589 total
From: 2024-02-26→ Common Stock (69,414 underlying)
Exercise/Conversion
Rights (Restricted Stock Unit)
2021-02-28−119,268→ 0 total
From: 2021-02-28Exp: 2021-02-28→ Common Stock (119,268 underlying)
Exercise/Conversion
Rights (Restricted Stock Unit)
2021-02-26−42,613→ 0 total
From: 2021-02-26Exp: 2021-02-26→ Common Stock (42,613 underlying)
Exercise/Conversion
Rights (Performance Stock Unit)
2021-02-26−66,817→ 0 total
From: 2021-02-26Exp: 2021-02-26→ Common Stock (66,817 underlying)

Footnotes (7)

[F1]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2022, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F2]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2023, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F3]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2024, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F4]Each Restricted Share Unit (each, RSU") is the economic equivalent of one share of Ovintiv Inc. common stock and attracts dividend equivalent RSUs.
[F5]Each Performance Share 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.
[F6]Common Stock issued net of withholding tax.
[F7]Settlement of the PSUs was based on a performance criteria multiplier of 78.4 percent.

Documents

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suttles210302.xmlPrimary