SEC Form 5 · accession 0001667731-18-000051
ENCANA CORP · ECA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Renee Ellen Zemljak
Officer — EVP, Mdstrm, Mktg and Fndmtls
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 7:43 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 Shares | Feb 17, 2017 | M | 21,508 | $12.35 | A | 15,304 | D | |
| Common Shares | Feb 17, 2017 | D | 21,508 | $12.35 | D | 15,304 | D | |
| Common SharesF3 | Feb 17, 2017 | M | 39,961 | $12.40 | A | 15,304 | D | |
| Common SharesF3 | Feb 17, 2017 | D | 39,961 | $12.40 | D | 15,304 | 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)F1 | — | Feb 17, 2017 | M | 21,508 | D | Feb 17, 2017 | Feb 17, 2017 | Common Shares | 21,508 | 0 | D |
| Rights (Performance Share Unit)F2 | — | Feb 17, 2017 | M | 42,951 | D | Feb 17, 2017 | Feb 17, 2017 | Common Shares | 42,951 | 0 | 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.
- F2Each 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.
- F3Settlement of the PSUs was based on a performance criteria multiplier of 92.9 percent.