Alexander Joanne Linette 4

Accession 0001667731-21-000101

CIK 0001792580other

View on SEC.gov Company Profile

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 2:44 PM ET

Size

23.3 KB

Accession

0001667731-21-000101

Insider Transaction Report

Form 4

Period: 2021-02-26

Ovintiv Inc.OVV

Alexander Joanne Linette

EVP, General Counsel & CorpSec

Transactions

Exercise/Conversion
Rights Restricted Stock Unit
2021-02-28−11,431→ 0 total
From: 2021-02-28Exp: 2021-02-28→ Common Stock (11,431 underlying)
Exercise/Conversion
Common Stock
2021-02-28$22.96/sh+5,944$136,474→ 16,473 total
Award
Rights Restricted Stock Unit
2021-02-26+6,361→ 58,546 total
From: 2023-02-26→ Common Stock (6,361 underlying)
Exercise/Conversion
Rights Restricted Stock Unit
2021-02-26−4,354→ 0 total
From: 2021-02-26Exp: 2021-02-26→ Common Stock (4,354 underlying)
Exercise/Conversion
Rights Performance Stock Unit
2021-02-26−6,827→ 0 total
From: 2021-02-26Exp: 2021-02-26→ Common Stock (6,827 underlying)
Exercise/Conversion
Common Stock
2021-02-26$22.72/sh+2,264$51,438→ 6,979 total
Exercise/Conversion
Common Stock
2021-02-26$22.72/sh+3,550$80,656→ 10,529 total
Award
Rights Restricted Stock Unit
2021-02-26+6,361→ 52,185 total
From: 2022-02-26→ Common Stock (6,361 underlying)
Award
Rights Restricted Stock Unit
2021-02-26+6,361→ 64,907 total
From: 2024-02-26→ Common Stock (6,361 underlying)

Footnotes (10)

[F1]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2022, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F10]The RSUs settled in Canadian dollars at a price of CAD$29.12 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
[F2]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2023, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F3]Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2024, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement.
[F4]Each Restricted Share Unit (each, RSU") is the economic equivalent of one share of Ovintiv Inc. common stock and attracts dividend equivalent RSUs.
[F5]Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is valued based on the economic equivalent of one common share of Ovintiv Inc. common stock and attracts dividend equivalent PSUs.
[F6]Settlement of the PSUs was based on a performance criteria multiplier of 78.4 percent.
[F7]Common Stock issued net of withholding tax.
[F8]The PSU is settled in Canadian dollars at a price of CAD$28.82 per share and is determined based on the volume-weighted average price of one share of common stock of Ovintiv Inc. on the Toronto Stock Exchange for the five trading days following approval of the performance criteria multiplier. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
[F9]The RSUs settled in Canadian dollars at a price of CAD$28.82 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

Documents

1 file

4
cox210202.xmlPrimary

Issuer

Ovintiv Inc.

CIK 0001792580

→

Entity typeother

Related Parties

filerCIK 0001692689

Filing Metadata

Form type: 4
Filed: Mar 1, 7:00 PM ET
Accepted: Mar 2, 2:44 PM ET
Size: 23.3 KB

View on SEC.gov