Form 4 for OVV Ovintiv Inc.
Accepted 2023-12-05 00:00:00 ET · period of report 2023-12-04 · accession 0001667731-23-000493 · 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 | 2023-12-05 | 2023-12-04 | OVV | McCracken Brendan Michael | Pres, CEO, Dir | M - OptEx | — | +18.0K | 154.0K | +13% | — |
| DM | 2023-12-05 | 2023-12-04 | OVV | McCracken Brendan Michael | Pres, CEO, Dir | D - Sale to Iss | $44.23 | -18.0K | 138.9K | -11% | -$798.2K |
| DM | 2023-12-05 | 2023-12-04 | OVV | McCracken Brendan Michael | Pres, CEO, Dir | M - OptEx | $0.00 | -18.0K | 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 | 2023-12-04 | M | A | 2,959 | — | 141,849 | D | — | — | (F3) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-12-04 | D | D | 2,959 | $44.23 | 138,890 | D | — | — | |
| 3 | Common | Common Stock | 2023-12-04 | M | A | 15,088 | — | 153,978 | D | — | — | (F7) PSUs convert into Ovintiv common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2023-12-04 | D | D | 15,088 | $44.23 | 138,890 | D | — | — | |
| 5 | Derivative | Restricted Share Unit | 2023-12-04 | M | D | 2,959 | $0.00 | 186,693 | D | — · 2023-12-04 to 2023-12-04 | 2,959 Common Stock | (F1) Each Restricted Share Unit ("RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields 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 through the applicable exercise date. |
| 6 | Derivative | Performance Share Unit | 2023-12-04 | M | D | 15,088 | $0.00 | 0 | D | — · 2023-12-04 to 2023-12-04 | 15,088 Common Stock | (F5) Settlement of the PSUs was based on a performance criteria multiplier of 170 percent. (F4) Each Performance Share Unit ("PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent PSUs. |