SEC Form 5 · accession 0001667731-18-000043
ENCANA CORP · ECA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherri Anne Brillon
Officer — EVP and CFO
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 7:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Feb 17, 2017 | M | 26,080 | $12.36 | A | 94,165 | D | |
| Common SharesF2 | Feb 17, 2017 | D | 26,080 | $12.36 | D | 94,165 | D | |
| Common SharesF5,F4 | Feb 17, 2017 | M | 48,455 | $12.57 | A | 94,165 | D | |
| Common SharesF5,F4 | Feb 17, 2017 | D | 48,455 | $12.57 | D | 94,165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rights (Restricted Share Unit)F2,F1 | — | Feb 17, 2017 | M | 26,080 | D | Feb 17, 2017 | Feb 17, 2017 | Common Shares | 26,080 | 0 | D |
| Rights (Performance Share Unit)F4,F3 | — | Feb 17, 2017 | M | 52,081 | D | Feb 17, 2017 | Feb 17, 2017 | Common Shares | 52,081 | 0 | D |
| Rights (Deferred Share Unit)F7,F6 | — | Feb 21, 2017 | A | 12,012 | A | — | — | Common Shares | 12,012 | 32,257 | D |
Explanation of responses
- F1Each Restricted Share Unit (each, "RSU") is the economic equivalent of one common share of Encana Corporation and attracts dividend equivalent RSUs.
- F2The RSUs settled in Canadian dollars at a price of CAD$16.20 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
- F3Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is valued based on the economic equivalent of one common share of Encana Corporation, and attracts dividend equivalent PSUs.
- F4The PSUs settled in Canadian dollars at a price of CAD$16.57 per PSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
- F5Settlement of the PSUs was based on a performance criteria multiplier of 92.9 percent.
- F6Each Deferred Share Unit (each, "DSU") is the economic equivalent of one common share of Encana Corporation,were granted in lieu of a portion of her 2017 annual bonus and attracts dividend equivalent DSUs. DSUs are held until termination of employment.
- F7The DSUs were awarded in Canadian dollars at a price of CAD$15.98 per DSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.