Moore Rachel Maureen 4
4 · Ovintiv Inc. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Ovintiv Inc.OVV
Moore Rachel Maureen
EVP, Corporate Services
Transactions
- Exercise/Conversion
Restricted Share Unit
2025-03-07−4,568→ 24,609 totalFrom: 2025-03-07Exp: 2025-03-07→ Common Stock (4,568 underlying) - Award
Restricted Share Unit
2025-03-10+6,850→ 45,159 totalFrom: 2028-03-10Exp: 2028-03-10→ Common Stock (6,850 underlying) - Exercise/Conversion
Restricted Share Unit
2025-03-10−9,751→ 35,408 totalFrom: 2025-03-10Exp: 2025-03-10→ Common Stock (9,751 underlying) - Exercise/Conversion
Common Stock
2025-03-07+4,568→ 67,286 total - Tax Payment
Common Stock
2025-03-10$38.78/sh−4,681$181,529→ 70,163 total - Award
Restricted Share Unit
2025-03-10+6,850→ 31,459 totalFrom: 2026-03-10Exp: 2026-03-10→ Common Stock (6,850 underlying) - Tax Payment
Common Stock
2025-03-07$39.56/sh−2,193$86,755→ 65,093 total - Exercise/Conversion
Common Stock
2025-03-10+9,751→ 74,844 total - Exercise/Conversion
Common Stock
2025-03-10+15,760→ 85,923 total - Award
Restricted Share Unit
2025-03-10+6,850→ 38,309 totalFrom: 2027-03-10Exp: 2027-03-10→ Common Stock (6,850 underlying) - Disposition to Issuer
Common Stock
2025-03-10$38.78/sh−15,760$611,173→ 70,163 total - Exercise/Conversion
Performance Share Unit
2025-03-10−15,760→ 0 totalFrom: 2025-03-10Exp: 2025-03-10→ Common Stock (15,760 underlying)
Holdings
- 9,022(indirect: RRSP)
Common Stock
Footnotes (11)
- [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.
- [F10]The RSUs and PSUs settled in Canadian dollars at a price of CAD$56.85 per RSU on March 7, 2025 and CAD$55.96 per RSU or PSU on March 10, 2025. 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.
- [F2]Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.
- [F3]Represents the settlement upon vesting of RSUs.
- [F4]RSUs convert into Ovintiv common stock on a one-for-one basis.
- [F5]Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs or PSUs, as applicable) to satisfy payment of tax withholding obligations.
- [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.
- [F7]Settlement of the PSUs was based on a performance criteria multiplier of 115 percent.
- [F8]Represents the settlement upon vesting of PSUs.
- [F9]PSUs convert into Ovintiv common stock on a one-for-one basis.