0001667731-24-000141.txt : 20240312
0001667731-24-000141.hdr.sgml : 20240312
20240312172347
ACCESSION NUMBER: 0001667731-24-000141
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240308
FILED AS OF DATE: 20240312
DATE AS OF CHANGE: 20240312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Code Corey Douglas
CENTRAL INDEX KEY: 0001776159
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39191
FILM NUMBER: 24743450
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]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 370 - 17TH STREET, SUITE 1700
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: (303) 623-2300
MAIL ADDRESS:
STREET 1: 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
code2023.xml
X0508
4
2024-03-08
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
0
Common Stock
2024-03-08
4
M
0
25851
A
139765
D
Common Stock
2024-03-08
4
F
0
12409
49.82
D
127356
D
Common Stock
2024-03-08
4
M
0
31312
A
158668
D
Common Stock
2024-03-08
4
D
0
31312
49.82
D
127356
D
Common Stock
939
I
TFSA
Restricted Share Unit
2024-03-08
4
A
0
9933
0
A
2025-03-08
2025-03-08
Common Stock
9933
60868
D
Restricted Share Unit
2024-03-08
4
A
0
9933
0
A
2026-03-08
2026-03-08
Common Stock
9933
70801
D
Restricted Share Unit
2024-03-08
4
A
0
9933
0
A
2027-03-08
2027-03-08
Common Stock
9933
80734
D
Restricted Share Unit
2024-03-08
4
M
0
25851
0
D
2024-03-08
2024-03-08
Common Stock
25851
54883
D
Performance Share Unit
2024-03-08
4
M
0
31312
0
D
2024-03-08
2024-03-08
Common Stock
31312
0
D
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.
Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.
Represents the settlement upon vesting of RSUs.
RSUs convert into Ovintiv common stock on a one-for-one basis.
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.
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.
Settlement of the PSUs was based on a performance criteria multiplier of 113 percent.
Represents the settlement upon vesting of PSUs.
PSUs convert into Ovintiv common stock on a one-for-one basis.
The RSUs and PSUs settled in Canadian dollars at a price of CAD$67.12 per RSU or PSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
Includes Ovintiv common stock acquired through reinvested dividends and employee matching not previously reported.
/s/Dawna Gibb by Power of Attorney
2024-03-12