Sec Form 3 Filing - Moore Rachel Maureen @ Ovintiv Inc. - 2020-06-30

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Moore Rachel Maureen
2. Issuer Name and Ticker or Trading Symbol
Ovintiv Inc. [ OVV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Corporate Services
(Last) (First) (Middle)
C/O 370 17TH STREET, SUITE 1700
3. Date of Earliest Transaction (MM/DD/YY)
06/30/2020
(Street)
DENVER, CO80202
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1,685 D
Common Stock 1,685 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Tandem Stock Appreciation) $ 56.09 ( 7 ) ( 1 ) 03/13/2022 Common Stock 4,650 D
Options (Tandem Stock Appreciation) $ 20.73 ( 7 ) ( 2 ) 03/03/2023 Common Stock 6,130 D
Options (Tandem Stock Appreciation) $ 58.5 ( 7 ) ( 3 ) 02/27/2024 Common Stock 2,900 D
Options (Tandem Stock Appreciation) $ 54.24 ( 7 ) ( 4 ) 02/26/2025 Common Stock 2,740 D
Options (Tandem Stock Appreciation) $ 35.54 ( 7 ) ( 5 ) 03/08/2026 Common Stock 6,427 D
Rights (Restricted Share Unit) $ 54.24 ( 7 ) 02/26/2021 ( 6 ) Common Stock 1,521 D
Rights (Restricted Share Unit) $ 35.54 ( 7 ) 03/08/2022 ( 6 ) Common Stock 3,113 D
Rights (Restricted Share Unit) $ 12.74 ( 7 ) 02/28/2023 ( 6 ) Common Stock 12,398 D
Rights (Restricted Share Unit) $ 9.47 ( 7 ) 07/01/2023 ( 6 ) Common Stock 21,028 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Moore Rachel Maureen
C/O 370 17TH STREET, SUITE 1700
DENVER, CO80202
EVP, Corporate Services
Signatures
/s/Dawna Gibb, by Power of Attorney 07/02/2020
Signature of Reporting Person Date
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.

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 4(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 collecti on of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.