Form 4 for OVV Ovintiv Inc.
Accepted 2022-07-05 00:00:00 ET · period of report 2022-06-30 · accession 0001667731-22-000283 · 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 | 2022-07-05 | 2022-07-01 | OVV | Moore Rachel Maureen | EVP, Corp. Services | M - OptEx | — | +7,311 | 25.2K | +41% | — |
| D | 2022-07-05 | 2022-07-01 | OVV | Moore Rachel Maureen | EVP, Corp. Services | D - Sale to Iss | $45.96 | -7,311 | 17.9K | -29% | -$336.0K |
| D | 2022-07-05 | 2022-06-30 | OVV | Moore Rachel Maureen | EVP, Corp. Services | A - Grant | $0.00 | +238 | 43.7K | +0.5% | $0 |
| D | 2022-07-05 | 2022-07-01 | OVV | Moore Rachel Maureen | EVP, Corp. Services | M - OptEx | $0.00 | -7,311 | 36.3K | -17% | $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 | 2022-07-01 | M | A | 7,311 | — | 25,222 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis |
| 2 | Common | Common Stock | 2022-07-01 | D | D | 7,311 | $45.96 | 17,911 | D | — | — | (F5) The RSUs settled in Canadian dollars at a price of CAD$59.23 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on June 30, 2022. |
| 3 | Derivative | Restricted Share Unit | 2022-06-30 | A | A | 238 | $0.00 | 43,651 | D | — · — to — | 238 Common Stock | (F2) Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2022. (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, subject to the grantee's continued employment with Ovintiv or its affiliate through the applicable exercise date. |
| 4 | Derivative | Restricted Share Unit | 2022-07-01 | M | D | 7,311 | $0.00 | 36,340 | D | — · 2022-07-01 to 2022-07-01 | 7,311 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, subject to the grantee's continued employment with Ovintiv or its affiliate through the applicable exercise date. |