SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
X	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* DEA PETER A (Last) (First) (Middle) C/O 370 17TH STREET, SUITE 1700 (Street) DENVER CO 80202 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Ovintiv Inc. [ OVV ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2019
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Rights (Deferred Share Unit)(1)(2)	(3)	03/29/2019		4A	406(4)		(3)	(3)	Common Stock(1)	406(4)	$36.05(5)	23,166(4)	D
Rights (Deferred Share Unit)(1)(2)	(3)	06/28/2019		4A	588(4)		(3)	(3)	Common Stock(1)	588(4)	$25(6)	23,754(4)	D
Rights (Deferred Share Unit)(1)(2)	(3)	09/30/2019		4A	637(4)		(3)	(3)	Common Stock(1)	637(4)	$23.05(7)	24,391(4)	D
Rights (Deferred Share Unit)(1)(2)	(3)	12/31/2019		4A	639(4)		(3)	(3)	Common Stock(1)	639(4)	$23(8)	25,030(4)	D

Explanation of Responses:

1. Pursuant to Rule 12g-3(a) under the Exchange Act, Ovintiv Inc. ("Ovintiv") is the successor issuer to Encana Corporation ("Encana").

2. On January 24, 2020, Encana completed a corporate reorganization (the "Reorganization") which included, among other things, a share consolidation on the basis of one post-consolidation share for each five pre-consolidation shares (the "Share Consolidation") and Ovintiv Inc. ultimately acquiring all of the issued and outstanding common shares of Encana in exchange for shares of Ovintiv on a one-for-one basis. The amount of securities beneficially owned reflect completion of the Reorganization, including the Share Consolidation.

3. Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Ovintiv. DSUs are held until termination of employment.

4. The number of DSUs have been adjusted for the Share Consolidation

5. 2,038 DSUs were awarded at a pre-consolidation price of CAD$9.68 per DSU (CAD$48.40 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.

6. 2,939 DSUs were awarded at a pre-consolidation price of CAD$6.54 per DSU (CAD$32.70 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.

7. 3,183 DSUs were awarded at a pre-consolidation price of CAD$6.11 per DSU (CAD$30.55 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.

8. 3,196 DSUs were awarded at a pre-consolidation price of CAD$6.04 per DSU (CAD$30.20 following the Share Consolidation). The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date and the number of DSUs and price have been adjusted for the Share Consolidation.

	/s/Dawna Gibb, by Power of Attorney	03/03/2020
	** Signature of Reporting Person	Date
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