4//SEC Filing
Zemljak Renee Ellen 4
Accession 0001667731-24-000149
CIK 0001792580other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:55 PM ET
Size
22.4 KB
Accession
0001667731-24-000149
Insider Transaction Report
Form 4
Ovintiv Inc.OVV
Zemljak Renee Ellen
EVP, Midstream, Mrktg & Fndmtl
Transactions
- Disposition to Issuer
Common Stock
2024-03-08$49.45/sh−39,556$1,956,044→ 99,936 total - Award
Restricted Share Unit
2024-03-08+6,067→ 50,139 totalFrom: 2025-03-08Exp: 2025-03-08→ Common Stock (6,067 underlying) - Award
Restricted Share Unit
2024-03-08+6,067→ 62,273 totalFrom: 2027-03-08Exp: 2027-03-08→ Common Stock (6,067 underlying) - Exercise/Conversion
Common Stock
2024-03-08+24,402→ 110,221 total - Tax Payment
Common Stock
2024-03-08$49.45/sh−10,285$508,593→ 99,936 total - Exercise/Conversion
Common Stock
2024-03-08+39,556→ 139,492 total - Award
Restricted Share Unit
2024-03-08+6,067→ 56,206 totalFrom: 2026-03-08Exp: 2026-03-08→ Common Stock (6,067 underlying) - Exercise/Conversion
Restricted Share Unit
2024-03-08−24,402→ 37,871 totalFrom: 2024-03-08Exp: 2024-03-08→ Common Stock (24,402 underlying) - Exercise/Conversion
Performance Share Unit
2024-03-08−39,556→ 0 totalFrom: 2024-03-08Exp: 2024-03-08→ Common Stock (39,556 underlying)
Holdings
- 5,149(indirect: By 401(k))
Common Stock
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.
Documents
Issuer
Ovintiv Inc.
CIK 0001792580
Entity typeother
Related Parties
1- filerCIK 0001693082
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 5:55 PM ET
- Size
- 22.4 KB