Code Corey Douglas 4

Accession 0001667731-25-000334

CIK 0001792580other

View on SEC.gov Company Profile

Filed

Mar 10, 8:00 PM ET

Accepted

Mar 11, 5:58 PM ET

Size

28.0 KB

Accession

0001667731-25-000334

Insider Transaction Report

Form 4

Period: 2025-03-07

Ovintiv Inc.OVV

Code Corey Douglas

EVP & CFO

Transactions

Exercise/Conversion
Common Stock
2025-03-07+8,375→ 136,572 total
Award
Restricted Share Unit
2025-03-10+13,104→ 87,368 total
From: 2028-03-10Exp: 2028-03-10→ Common Stock (13,104 underlying)
Exercise/Conversion
Performance Share Unit
2025-03-10−28,893→ 0 total
From: 2025-03-10Exp: 2025-03-10→ Common Stock (28,893 underlying)
Tax Payment
Common Stock
2025-03-10$38.78/sh−9,083$352,239→ 142,389 total
Award
Restricted Share Unit
2025-03-10+13,104→ 61,160 total
From: 2026-03-10Exp: 2026-03-10→ Common Stock (13,104 underlying)
Award
Restricted Share Unit
2025-03-10+13,104→ 74,264 total
From: 2027-03-10Exp: 2027-03-10→ Common Stock (13,104 underlying)
Tax Payment
Common Stock
2025-03-07$39.56/sh−4,021$159,071→ 132,551 total
Exercise/Conversion
Common Stock
2025-03-10+18,921→ 151,472 total
Disposition to Issuer
Common Stock
2025-03-10$38.78/sh−28,893$1,120,471→ 142,389 total
Exercise/Conversion
Restricted Share Unit
2025-03-10−18,921→ 68,447 total
From: 2025-03-10Exp: 2025-03-10→ Common Stock (18,921 underlying)
Exercise/Conversion
Common Stock
2025-03-10+28,893→ 171,282 total
Exercise/Conversion
Restricted Share Unit
2025-03-07−8,375→ 48,056 total
From: 2025-03-07Exp: 2025-03-07→ Common Stock (8,375 underlying)

Holdings

Common Stock
(indirect: TFSA)
939

Footnotes (11)

[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]The RSUs and PSUs settled in Canadian dollars at a price of CAD$56.85 per RSU on March 7, 2025 and CAD$55.96 per RSU or PSU on March 10, 2025. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
[F11]Includes 11 shares of Ovintiv common stock acquired in 2024 and 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 RSUs.
[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 115 percent.
[F8]Represents the settlement upon vesting of PSUs.
[F9]PSUs convert into Ovintiv common stock on a one-for-one basis.

Documents

1 file

4
code2023.xmlPrimary

Issuer

Ovintiv Inc.

CIK 0001792580

→

Entity typeother

Related Parties

filerCIK 0001776159

Filing Metadata

Form type: 4
Filed: Mar 10, 8:00 PM ET
Accepted: Mar 11, 5:58 PM ET
Size: 28.0 KB

View on SEC.gov