Ovintiv (OVV)

Filed: 9 Mar 22, 6:24pm
SEC Form 3
Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Eilers Meghan Nicole

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


(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
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, GC & Corporate Secretary
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 3,582 D
Common Stock 2,746 I 401K
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
Restricted Share Unit(1) 02/28/2023 02/28/2023 Common Stock 4,719 0 D
Restricted Share Unit(1) (2) (2) Common Stock 4,229 0 D
Restricted Share Unit(1) (3) (3) Common Stock 11,775 0 D
Stock Appreciation Right(4) 03/08/2022 03/08/2026 Common Stock 3,710 35.8 D
Explanation of Responses:
1. Each Restricted Share Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and attracts 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 or its affiliate through the applicable exercise date.
2. RSUs will vest and settle as follows: 1/2 on February 26, 2023 and 1/2 on February 26, 2024.
3. RSUs will vest and settle as follows: 1/3 on March 7, 2023, 1/3 on March 7, 2024 and 1/3 on March 7, 2025.
4. Each Stock Appreciation Right ("SAR") represents one share of Ovintiv common stock, is cash settled and is treated as the simultaneous purchase and sale of the number of shares of Ovintiv common stock the SAR represents.
/s/ Dawna Gibb, by Power of Attorney 03/09/2022
** 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.