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