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Ovintiv (OVV)

Filed: 2 Jul 20, 4:56pm
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Moore Rachel Maureen

(Last) (First) (Middle)
C/O 370 17TH STREET, SUITE 1700

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/30/2020
3. Issuer Name and Ticker or Trading Symbol
Ovintiv Inc. [ OVV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Corporate Services
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,685 D
Common Stock 1,685 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Tandem Stock Appreciation) (1) 03/13/2022 Common Stock 4,650 56.09(7) D
Options (Tandem Stock Appreciation) (2) 03/03/2023 Common Stock 6,130 20.73(7) D
Options (Tandem Stock Appreciation) (3) 02/27/2024 Common Stock 2,900 58.5(7) D
Options (Tandem Stock Appreciation) (4) 02/26/2025 Common Stock 2,740 54.24(7) D
Options (Tandem Stock Appreciation) (5) 03/08/2026 Common Stock 6,427 35.54(7) D
Rights (Restricted Share Unit) 02/26/2021 (6) Common Stock 1,521 54.24(7) D
Rights (Restricted Share Unit) 03/08/2022 (6) Common Stock 3,113 35.54(7) D
Rights (Restricted Share Unit) 02/28/2023 (6) Common Stock 12,398 12.74(7) D
Rights (Restricted Share Unit) 07/01/2023 (6) Common Stock 21,028 9.47(7) D
Explanation of Responses:
1. 30% vested on March 13, 2016, 30% vested on March 13, 2017 and 40% vested on March 13, 2018, subject to the grantee's active employment on such dates.
2. 30% vested on March 3, 2017, 30% vested on March 3, 2018 and 40% vested on March 3, 2019, subject to the grantee's active employment on such dates.
3. 30% vested on February 27, 2018, 30% vested on February 27, 2019 and 40% vest on February 27, 2020, subject to the grantee's active employment on such dates.
4. 30% vested on February 26, 2019, 30% vest on February 26, 2020 and 40% vest on February 26, 2021, subject to the grantee's active employment on such dates.
5. 30% vested on March 8, 2020, 30% vest on March 8, 2021 and 40% vest on March 8, 2022, subject to the grantee's active employment on such dates and the terms and conditions of the Omnibus Incentive Plan of Ovintiv Inc. and applicable grant agreement.
6. Each Restricted Share Unit (each, a "RSU") is the economic equivalent of one common share of Ovintiv Inc. RSUs are subject to the officer's active employment on the vesting dates and the terms and conditions of the Omnibus Incentive Plan of Ovintiv Inc. and applicable grant agreement.
7. The grants were issued in Canadian dollars. The price has been converted to US dollars using the Bank of Canada exchange rate.
/s/Dawna Gibb, by Power of Attorney 07/02/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.