Form 4 for OVV Ovintiv Inc.
Accepted 2022-03-09 00:00:00 ET · period of report 2020-03-30 · accession 0001667731-22-000095 · 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 | Zemljak Renee Ellen | EVP, Midstream, Mrktg, Fndmtl | F - Tax | $47.31 | -32.2K | 53.5K | -38% | -$1.52M |
| DM | 2022-03-09 | 2022-03-07+ | OVV | Zemljak Renee Ellen | EVP, Midstream, Mrktg, Fndmtl | M - OptEx | — | +73.4K | 66.8K | New | — |
| DM | 2022-03-09 | 2022-03-07+ | OVV | Zemljak Renee Ellen | EVP, Midstream, Mrktg, Fndmtl | M - OptEx | $0.00 | -73.4K | 73.5K | -50% | $0 |
| DM | 2022-03-09 | 2020-03-30+ | OVV | Zemljak Renee Ellen | EVP, Midstream, Mrktg, Fndmtl | A - Grant | $0.00 | +17.1K | 106.0K | +19% | $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 | 12,119 | $47.78 | 76,449 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-08 | M | A | 27,606 | — | 88,568 | 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. |
| 3 | Common | Common Stock | 2022-03-08 | F | D | 5,816 | $47.78 | 60,962 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-07 | F | D | 14,267 | $46.71 | 53,531 | D | — | — | |
| 5 | Common | Common Stock | 2022-03-07 | M | A | 32,499 | — | 67,798 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2022-03-08 | M | A | 13,247 | — | 66,778 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 7 | Derivative | Restricted Share Unit | 2022-03-08 | M | D | 13,247 | $0.00 | 60,220 | D | — · 2022-03-08 to 2022-03-08 | 13,247 Common Stock | (F10) Includes 6,645 RSUs acquired through reinvested dividends that were not previously reported due to an inadvertent administrative oversight as follows: 3,001 RSUs on March 30, 2020; 815 RSUs on June 30, 2020; 940 RSUs on September 30, 2020; 539 RSUs on December 31, 2020; 341 RSUs on March 31, 2021; 264 RSUs on June 30, 2021; 371 RSUs on September 30, 2021; and 374 RSUs on December 31, 2021. (F2) Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs. |
| 8 | Derivative | Performance Share Unit | 2022-03-08 | M | D | 27,606 | $0.00 | 0 | D | — · 2022-03-08 to 2022-03-08 | 27,606 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 |
| 9 | Derivative | Rights (Deferred Share Unit) | 2020-03-30 | A | A | 539 | $0.00 | 7,019 | D | — · — to — | 539 Common Stock | (F12) Represents grants of dividend equivalent DSUs from March 30, 2020 to December 31, 2021 that were not previously reported due to an inadvertent administrative oversight as follows: 246 DSUs on March 30, 2020; 67 DSUs on June 30, 2020; 76 DSUs on September 30, 2020; 44 DSUs on December 31, 2020; 27 DSUs on March 31, 2021; 20 DSUs on June 30, 2021; 29 DSUs on September 30, 2021; and 30 DSUs on December 31, 2021. (F11) Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent DSUs. DSUs are held until retirement from the company. |
| 10 | Derivative | Restricted Share Unit | 2022-03-07 | M | D | 32,499 | $0.00 | 73,467 | D | — · 2022-03-07 to 2022-03-07 | 32,499 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 | 2022-03-07 | A | A | 5,531 | $0.00 | 94,904 | D | — · 2023-03-07 to 2023-03-07 | 5,531 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. |
| 12 | Derivative | Restricted Share Unit | 2022-03-07 | A | A | 5,531 | $0.00 | 100,435 | D | — · 2024-03-07 to 2024-03-07 | 5,531 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. |
| 13 | Derivative | Restricted Share Unit | 2022-03-07 | A | A | 5,531 | $0.00 | 105,966 | D | — · 2025-03-07 to 2025-03-07 | 5,531 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. |