Form 4 for OVV Ovintiv Inc.
Accepted 2022-05-19 00:00:00 ET · period of report 2022-05-18 · accession 0001667731-22-000213 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-19 | 2022-05-18 | OVV | Waterman Bruce Gordon | Dir | M - OptEx | — | +4,476 | 114.1K | +4% | — |
| D | 2022-05-19 | 2022-05-18 | OVV | Waterman Bruce Gordon | Dir | F - Tax | $45.02 | -2,148 | 111.9K | -2% | -$96.7K |
| D | 2022-05-19 | 2022-05-18 | OVV | Waterman Bruce Gordon | Dir | M - OptEx | $0.00 | -4,476 | 23.7K | -16% | $0 |
| D | 2022-05-19 | 2022-05-18 | OVV | Waterman Bruce Gordon | Dir | A - Grant | $0.00 | +4,476 | 28.2K | +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 | 2022-05-18 | M | A | 4,476 | — | 114,097 | D | — | — | (F5) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-05-18 | F | D | 2,148 | $45.02 | 111,949 | D | — | — | (F6) The RSUs settled in Canadian dollars at a price of CAD$57.81 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 five trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 10, 2022. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. |
| 3 | Derivative | Restricted Share Unit | 2022-05-18 | M | D | 4,476 | $0.00 | 23,694 | D | — · 2022-05-18 to 2022-05-18 | 4,476 Common Stock | (F2) Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs. |
| 4 | Derivative | Restricted Share Unit | 2022-05-18 | A | A | 4,476 | $0.00 | 28,170 | D | — · 2022-05-18 to 2022-05-18 | 4,476 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 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. |