0001667731-23-000368.txt : 20230809
0001667731-23-000368.hdr.sgml : 20230809
20230809173109
ACCESSION NUMBER: 0001667731-23-000368
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230808
FILED AS OF DATE: 20230809
DATE AS OF CHANGE: 20230809
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Moore Rachel Maureen
CENTRAL INDEX KEY: 0001816552
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39191
FILM NUMBER: 231156418
MAIL ADDRESS:
STREET 1: C/O 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: 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
moore2023.xml
X0508
4
2023-08-08
0
0001792580
Ovintiv Inc.
OVV
0001816552
Moore Rachel Maureen
C/O 370 17TH STREET, SUITE 1700
DENVER
CO
80202
0
1
0
0
EVP, Corporate Services
0
Common Stock
2023-08-08
4
M
0
7498
A
45572
D
Common Stock
2023-08-08
4
F
0
3600
46.22
D
41972
D
Common Stock
2023-08-08
4
M
0
38241
A
80213
D
Common Stock
2023-08-08
4
F
0
18356
46.22
D
61857
D
Restricted Share Unit
2023-08-08
4
M
0
7498
0
D
2023-08-08
2023-08-08
Common Stock
7498
28227
D
Performance Share Unit
2023-08-08
4
M
0
38241
0
D
2023-08-08
2023-08-08
Common Stock
38241
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.
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 170 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$62.19 per RSU or PSU. 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
2023-08-09