Zemljak Renee Ellen 4

4 · Ovintiv Inc. · Filed Mar 12, 2024

Form 4

Period: 2024-03-08

Other

Transactions

Exercise/Conversion
Common Stock
[F3][F4]
2024-03-08+24,402→ 110,221 total
Tax Payment
Common Stock
[F5]
2024-03-08$49.45/sh−10,285$508,593→ 99,936 total
Exercise/Conversion
Common Stock
[F8][F7][F9]
2024-03-08+39,556→ 139,492 total
Disposition to Issuer
Common Stock
2024-03-08$49.45/sh−39,556$1,956,044→ 99,936 total
Award
Restricted Share Unit
[F1]
2024-03-08+6,067→ 50,139 total
From: 2025-03-08Exp: 2025-03-08→ Common Stock (6,067 underlying)
Award
Restricted Share Unit
[F1]
2024-03-08+6,067→ 56,206 total
From: 2026-03-08Exp: 2026-03-08→ Common Stock (6,067 underlying)
Award
Restricted Share Unit
[F1]
2024-03-08+6,067→ 62,273 total
From: 2027-03-08Exp: 2027-03-08→ Common Stock (6,067 underlying)
Exercise/Conversion
Restricted Share Unit
[F2]
2024-03-08−24,402→ 37,871 total
From: 2024-03-08Exp: 2024-03-08→ Common Stock (24,402 underlying)
Exercise/Conversion
Performance Share Unit
[F6][F7]
2024-03-08−39,556→ 0 total
From: 2024-03-08Exp: 2024-03-08→ Common Stock (39,556 underlying)

Holdings

Footnotes (10)

[F1]Each Restricted Share Unit ("RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
[F10]Includes Ovintiv common stock acquired through reinvested dividends and employee matching not previously reported.
[F2]Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.
[F3]Represents the settlement upon vesting of RSU's.
[F4]RSUs convert into Ovintiv common stock on a one-for-one basis.
[F5]Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs or PSUs, as applicable) to satisfy payment of tax withholding obligations.
[F6]Each Performance Share Unit ("PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent PSUs.
[F7]Settlement of the PSUs was based on a performance criteria multiplier of 113 percent.
[F8]Represents the settlement upon vesting of PSUs.
[F9]PSUs convert into Ovintiv common stock on a one-for-one basis.

Signature

/s/Dawna Gibb, by Power of Attorney|2024-03-12

Documents

1 file