Form 4 for OVV Ovintiv Inc.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001667731-24-000151 · 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 | 2024-03-12 | 2024-03-08 | OVV | Moore Rachel Maureen | EVP, Corp. Services | M - OptEx | — | +36.0K | 68.9K | +109% | — |
| D | 2024-03-12 | 2024-03-08 | OVV | Moore Rachel Maureen | EVP, Corp. Services | F - Tax | $49.82 | -7,258 | 61.6K | -11% | -$361.6K |
| D | 2024-03-12 | 2024-03-08 | OVV | Moore Rachel Maureen | EVP, Corp. Services | D - Sale to Iss | $49.82 | -20.9K | 61.6K | -25% | -$1.04M |
| DM | 2024-03-12 | 2024-03-08 | OVV | Moore Rachel Maureen | EVP, Corp. Services | M - OptEx | $0.00 | -36.0K | 0 | -100% | $0 |
| DM | 2024-03-12 | 2024-03-08 | OVV | Moore Rachel Maureen | EVP, Corp. Services | A - Grant | $0.00 | +14.9K | 33.6K | +80% | $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 | 2024-03-08 | M | A | 20,875 | — | 82,492 | D | — | — | (F7) Settlement of the PSUs was based on a performance criteria multiplier of 113 percent. (F9) PSUs convert into Ovintiv common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-03-08 | F | D | 7,258 | $49.82 | 61,617 | D | — | — | (F10) The RSUs and PSUs settled in Canadian dollars at a price of CAD$67.12 per RSU or PSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. |
| 3 | Common | Common Stock | 2024-03-08 | M | A | 15,117 | — | 68,875 | D | — | — | (F4) RSUs convert into Ovintiv common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2024-03-08 | D | D | 20,875 | $49.82 | 61,617 | D | — | — | (F10) The RSUs and PSUs settled in Canadian dollars at a price of CAD$67.12 per RSU or PSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. (F11) Includes Ovintiv common stock acquired through reinvested dividends and employee matching not previously reported. |
| 5 | Derivative | Restricted Share Unit | 2024-03-08 | M | D | 15,117 | $0.00 | 28,376 | D | — · 2024-03-08 to 2024-03-08 | 15,117 Common Stock | (F2) Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs. |
| 6 | Derivative | Performance Share Unit | 2024-03-08 | M | D | 20,875 | $0.00 | 0 | D | — · 2024-03-08 to 2024-03-08 | 20,875 Common Stock | (F7) Settlement of the PSUs was based on a performance criteria multiplier of 113 percent. (F6) 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. |
| 7 | Derivative | Restricted Share Unit | 2024-03-08 | A | A | 4,966 | $0.00 | 43,493 | D | — · 2027-03-08 to 2027-03-08 | 4,966 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. |
| 8 | Derivative | Restricted Share Unit | 2024-03-08 | A | A | 4,966 | $0.00 | 38,527 | D | — · 2026-03-08 to 2026-03-08 | 4,966 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. |
| 9 | Derivative | Restricted Share Unit | 2024-03-08 | A | A | 4,966 | $0.00 | 33,561 | D | — · 2025-03-08 to 2025-03-08 | 4,966 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. |