0001667731-24-000236.txt : 20240521
0001667731-24-000236.hdr.sgml : 20240521
20240521170709
ACCESSION NUMBER: 0001667731-24-000236
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240517
FILED AS OF DATE: 20240521
DATE AS OF CHANGE: 20240521
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chhina Sippy
CENTRAL INDEX KEY: 0002008981
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39191
FILM NUMBER: 24970549
MAIL ADDRESS:
STREET 1: SUITE 1700
STREET 2: 370 - 17 STREET
CITY: DENVER
STATE: CO
ZIP: 80202
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
chhinarsu51724.xml
X0508
4
2024-05-17
0
0001792580
Ovintiv Inc.
OVV
0002008981
Chhina Sippy
C/O 370 17TH STREET, SUITE 1700
DENVER
CO
80202
1
0
0
0
0
Common Stock
2024-05-17
4
M
0
4022
A
5622
D
Common Stock
2024-05-17
4
F
0
1968
50.05
D
3654
D
Restricted Share Unit
2024-05-17
4
A
0
4022
0
A
2024-05-17
2024-05-17
Common Stock
4022
4022
D
Restricted Share Unit
2024-05-17
4
M
0
4022
0
D
2024-05-17
2024-05-17
Common Stock
4022
0
D
Each Restricted Share Unit (each, "RSU"') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs.
Each RSU is the economic equivalent of one share of Ovintiv common stock and attracts dividend equivalent RSUs.
Represents the settlement upon vesting of RSUs.
Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs), to satisfy payment of tax withholding obligations.
RSUs convert into Ovintiv common stock on a one-for-one basis.
The RSUs settled in Canadian dollars at a price of CAD$68.14 per RSU and is determined based on the volume-weighted average price of one share of Ovintiv common stock as traded on the Toronto Stock Exchange for the 5 trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 9, 2024. 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
2024-05-21