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4//SEC Filing

Chhina Sippy 4

Accession 0001667731-24-000236

CIK 0001792580other
View on SEC.govCompany Profile

Filed

May 20, 8:00 PM ET

Accepted

May 21, 5:07 PM ET

Size

11.9 KB

Accession

0001667731-24-000236

Insider Transaction Report

Form 4
Period: 2024-05-17
Ovintiv Inc.OVV
Chhina Sippy
Director
Transactions
  • Award

    Restricted Share Unit

    2024-05-17+4,022→ 4,022 total
    From: 2024-05-17Exp: 2024-05-17→ Common Stock (4,022 underlying)
  • Exercise/Conversion

    Common Stock

    2024-05-17+4,022→ 5,622 total
  • Exercise/Conversion

    Restricted Share Unit

    2024-05-17−4,022→ 0 total
    From: 2024-05-17Exp: 2024-05-17→ Common Stock (4,022 underlying)
  • Tax Payment

    Common Stock

    2024-05-17$50.05/sh−1,968$98,498→ 3,654 total
Footnotes (6)
  • [F1]Each Restricted Share Unit (each, "RSU"') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs.
  • [F2]Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs.
  • [F3]Represents the settlement upon vesting of RSUs.
  • [F4]Reporting the withholding by 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.
  • [F5]RSUs convert into Ovintiv common stock on a one-for-one basis.
  • [F6]The RSUs settled in Canadian dollars at a price of CAD$68.14 per RSU and is determined based on the volume-weighted average price of one share of Ovintiv common stock as traded on the Toronto Stock Exchange for the 5 trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 9, 2024. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

Documents

1 file

Issuer

Ovintiv Inc.

CIK 0001792580

→
Entity typeother

Related Parties

1
  • filerCIK 0002008981

Filing Metadata

Form type
4
Filed
May 20, 8:00 PM ET
Accepted
May 21, 5:07 PM ET
Size
11.9 KB
View on SEC.gov