Brendan Michael McCracken - Aug 5, 2021 Form 4 Insider Report for Ovintiv Inc. (OVV)

Role
President & CEO, Director
Signature
/s/ Dawna Gibb, by Power of Attorney
Stock symbol
OVV
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
4
Date filed
8/5/2021, 05:29 PM
Next filing
Dec 2, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OVV Rights (Restricted Stock Units) Award $0 +21.3K +20.13% $0.00 127K Aug 5, 2021 Common Stock 21.3K Direct F1
transaction OVV Rights (Restricted Stock Units) Award $0 +21.3K +16.76% $0.00 148K Aug 5, 2021 Common Stock 21.3K Direct F2
transaction OVV Rights (Restricted Stock Units) Award $0 +21.3K +14.35% $0.00 169K Aug 5, 2021 Common Stock 21.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on August 5, 2022, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
F2 Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on August 5, 2023, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
F3 Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on August 5, 2024, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.