Form 4 for OVV Ovintiv Inc.
Accepted 2022-05-19 00:00:00 ET · period of report 2022-05-18 · accession 0001667731-22-000216 · 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 | Code Corey Douglas | EVP, CFO | D - Sale to Iss | $45.02 | -12.7K | 52.7K | -19% | -$570.5K |
| D | 2022-05-19 | 2022-05-18 | OVV | Code Corey Douglas | EVP, CFO | M - OptEx | — | +12.7K | 65.4K | +24% | — |
| D | 2022-05-19 | 2022-05-18 | OVV | Code Corey Douglas | EVP, CFO | M - OptEx | $0.00 | -12.7K | 0 | -100% | $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 | D | D | 12,673 | $45.02 | 52,700 | D | — | — | (F5) The PSU is settled in Canadian dollars at a price of CAD$57.81 per PSU 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. |
| 2 | Common | Common Stock | 2022-05-18 | M | A | 12,673 | — | 65,373 | D | — | — | (F2) Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. (F4) PSUs convert into Ovintiv common stock on a one-for-one basis. |
| 3 | Derivative | Performance Share Unit | 2022-05-18 | M | D | 12,673 | $0.00 | 0 | D | — · 2022-05-18 to 2022-05-18 | 12,673 Common Stock | (F2) Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. (F1) 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 Inc. ("Ovintiv") common stock and attracts dividend equivalent PSUs. |