Form 4 for OVV Ovintiv Inc.
Accepted 2022-03-09 00:00:00 ET · period of report 2022-03-07 · accession 0001667731-22-000065 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-09 | 2022-03-07+ | OVV | McCracken Brendan Michael | Pres, CEO | F - Tax | $47.05 | -23.5K | 55.7K | -30% | -$1.11M |
| DM | 2022-03-09 | 2022-03-07+ | OVV | McCracken Brendan Michael | Pres, CEO | M - OptEx | — | +53.6K | 60.7K | +753% | — |
| DM | 2022-03-09 | 2022-03-07 | OVV | McCracken Brendan Michael | Pres, CEO | A - Grant | $0.00 | +77.6K | 247.2K | +46% | $0 |
| DM | 2022-03-09 | 2022-03-07+ | OVV | McCracken Brendan Michael | Pres, CEO | M - OptEx | $0.00 | -53.6K | 205.0K | -21% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-08 | F | D | 2,403 | $47.78 | 49,313 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-07 | F | D | 16,119 | $46.71 | 46,241 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-08 | M | A | 5,475 | — | 51,716 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2022-03-07 | M | A | 36,718 | — | 62,360 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2022-03-08 | M | A | 11,410 | — | 60,723 | D | — | — | (F7) Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. (F9) PSUs convert into Ovintiv common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2022-03-08 | F | D | 5,009 | $47.78 | 55,714 | D | — | — | (F11) Includes Ovintiv common stock acquired through reinvested dividends. |
| 7 | Derivative | Restricted Share Unit | 2022-03-07 | A | A | 25,869 | $0.00 | 195,444 | D | — · 2023-03-07 to 2023-03-07 | 25,869 Common Stock | (F1) Each Restricted Share Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts 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 or its affiliate through the applicable exercise date. |
| 8 | Derivative | Restricted Share Unit | 2022-03-07 | A | A | 25,869 | $0.00 | 221,313 | D | — · 2024-03-07 to 2024-03-07 | 25,869 Common Stock | (F1) Each Restricted Share Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts 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 or its affiliate through the applicable exercise date. |
| 9 | Derivative | Performance Share Unit | 2022-03-08 | M | D | 11,410 | $0.00 | 0 | D | — · 2022-03-08 to 2022-03-08 | 11,410 Common Stock | (F7) Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. (F6) Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one common share of Ovintiv common stock and attracts dividend equivalent PSUs. |
| 10 | Derivative | Restricted Share Unit | 2022-03-07 | M | D | 36,718 | $0.00 | 210,464 | D | — · 2022-03-07 to 2022-03-07 | 36,718 Common Stock | (F2) Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs. |
| 11 | Derivative | Restricted Share Unit | 2022-03-08 | M | D | 5,475 | $0.00 | 204,989 | D | — · 2022-03-08 to 2022-03-08 | 5,475 Common Stock | (F10) Includes 5,720 RSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 1,989 RSUs on March 30, 2020; 540 RSUs on June 30, 2020; 623 RSUs on September 30, 2020; 411 RSUs on December 31, 2020; 413 RSUs on March 31, 2021; 319 RSUs on June 30, 2021; 716 RSUs on September 30, 2021; and 709 RSUs on December 31, 2021. (F2) Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs. |
| 12 | Derivative | Restricted Share Unit | 2022-03-07 | A | A | 25,869 | $0.00 | 247,182 | D | — · 2025-03-07 to 2025-03-07 | 25,869 Common Stock | (F1) Each Restricted Share Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts 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 or its affiliate through the applicable exercise date. |