0001667731-21-000103.txt : 20210302 0001667731-21-000103.hdr.sgml : 20210302 20210302145053 ACCESSION NUMBER: 0001667731-21-000103 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210226 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Code Corey Douglas CENTRAL INDEX KEY: 0001776159 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39191 FILM NUMBER: 21702893 MAIL ADDRESS: STREET 1: 500 CENTRE STREET SE CITY: CALGARY STATE: A0 ZIP: T2P 2S5 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ovintiv Inc. CENTRAL INDEX KEY: 0001792580 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: SUITE 370 - 17TH STREET, SUITE 1700 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (303) 623-2300 MAIL ADDRESS: STREET 1: SUITE 370 - 17TH STREET, SUITE 1700 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: 1847432 Alberta ULC DATE OF NAME CHANGE: 20191029 4 1 coreycode030121.xml X0306 4 2021-02-26 0 0001792580 Ovintiv Inc. OVV 0001776159 Code Corey Douglas C/O 370 17TH STREET, SUITE 1700 DENVER CO 80202 0 1 0 0 EVP & CFO Common Stock 2021-02-26 4 M 0 1374 22.72 A 22813 D Common Stock 2021-02-26 4 M 0 2154 22.72 A 24967 D Common Stock 2021-02-28 4 M 0 8106 22.96 A 33073 D Rights Restricted Stock Unit 2021-02-26 4 A 0 8675 0 A 2022-02-26 Common Stock 8675 61567 D Rights Restricted Stock Unit 2021-02-26 4 A 0 8675 0 A 2023-02-26 Common Stock 8675 70242 D Rights Restricted Stock Unit 2021-02-26 4 A 0 8675 0 A 2024-02-26 Common Stock 8675 78917 D Rights Restricted Stock Unit 2021-02-26 4 M 0 2642 0 D 2021-02-26 2021-02-26 Common Stock 2642 0 D Rights Performance Stock Unit 2021-02-26 4 M 0 4143 0 D 2021-02-26 2021-02-26 Common Stock 4143 0 D Rights Restricted Stock Unit 2021-02-28 4 M 0 15589 0 D 2021-02-28 2021-02-28 Common Stock 15589 0 D 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. 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. 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. Each Restricted Share Unit (each, RSU") is the economic equivalent of one share of Ovintiv Inc. common stock and attracts dividend equivalent RSUs. 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. Settlement of the PSUs was based on a performance criteria multiplier of 78.4 percent. Common Stock issued net of withholding tax. 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. 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. 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. /s/Dawna Gibb by Power of Attorney 2021-03-02