4//SEC Filing
Waterman Bruce Gordon 4
Accession 0001667731-22-000089
CIK 0001792580other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 6:18 PM ET
Size
12.8 KB
Accession
0001667731-22-000089
Insider Transaction Report
Form 4
Ovintiv Inc.OVV
Waterman Bruce Gordon
Director
Transactions
- Tax Payment
Common Stock
2022-03-08$47.28/sh−2,715$128,365→ 109,607 total - Exercise/Conversion
Common Stock
2022-03-08+5,655→ 112,322 total - Award
Deferred Share Unit
2021-03-31+618→ 42,280 total→ Common Stock (618 underlying) - Exercise/Conversion
Restricted Share Unit
2022-03-08−5,655→ 23,605 totalFrom: 2022-03-08Exp: 2022-03-08→ Common Stock (5,655 underlying)
Footnotes (10)
- [F1]Represents the settlement upon vesting of Restricted Share Units ("RSUs")
- [F10]Includes Ovintiv common stock acquired though reinvested dividends
- [F2]Reporting the withholding by Ovintiv Inc. ("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.
- [F3]RSUs convert into Ovintiv common stock on a one-for-one basis
- [F4]The RSUs settled in Canadian dollars at a price of CAD$60.84 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
- [F5]Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs.
- [F6]Includes 1,803 RSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 739 RSUs on March 30, 2020; 202 RSUs on June 30, 2020; 268 RSUs on September 30, 2020; 155 RSUs on December 31, 2020; 110 RSUs on March 31, 2021; 85 RSUs on June 30, 2021; 120 RSUs on September 30, 2021; and 124 RSUs on December 31, 2021.
- [F7]Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent DSUs. DSUs are held until retirement from the Board.
- [F8]Represents grants of dividend equivalent DSUs from March 31, 2021 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 152 DSUs on March 31, 2021; 119 DSUs on June 30, 2021; 170 DSUs on September 30, 2021; and 177 DSUs on December 31, 2021.
- [F9]Includes 2,014 DSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 1,018 DSUs on March 30, 2020; 341 DSUs on June 30, 2020; 407 DSUs on September 30, 2020; and 248 DSUs on December 31, 2020.
Documents
Issuer
Ovintiv Inc.
CIK 0001792580
Entity typeother
Related Parties
1- filerCIK 0001691482
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 6:18 PM ET
- Size
- 12.8 KB