SEC Form 4 · accession 0001667731-17-000101

ENCANA CORP · ECA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Exploration & BD

Period of report

Feb 27, 2017

Accepted (ET)

Feb 28, 2017 · 2:28 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001157806

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Rights (Shareholder Appreciation)^F1	$11.75	Feb 27, 2017	A	59,878	A	—	Feb 27, 2024	Common Shares	59,878	59,878	D
Rights (Restricted Share Units)^F2	$11.75	Feb 27, 2017	A	31,915	A	—	—	Common Shares	31,915	180,799	D
Rights (Performance Share Units)^F3	$11.75	Feb 27, 2017	A	63,830	A	—	—	Common Shares	63,830	361,596	D

F1Options grant dated February 27, 2017. 30% will be vested on February 27, 2018, 30% will be vested on February 27, 2019 and 40% will be vested on February 27, 2020, subject to the grantee's active employment on such dates and the terms and conditions of the employee stock appreciation rights plan. All previously reported rights vest 30%, 30% and 40% on the previously reported dates, respectively.
F2RSU grant dated February 27, 2017. The RSU grant is a conditional grant to receive Encana common shares or cash equivalent upon the vesting date of February 27, 2020, subject to the grantee's active employment on such date and the terms and conditions of the RSU plan.
F3PSU grant dated February 27, 2017. The PSU grant is a conditional grant to receive Encana common shares or cash equivalent upon the vesting date of February 27, 2020, subject to the grantee's active employment on such date, the achievement of certain performance criteria and the terms and conditions of the PSU plan.