SEC Form 4 · accession 0001667731-18-000158

ENCANA CORP · ECA

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

Reporting owner

Officer — EVP, Exploration & BD

Period of report

Mar 13, 2018

Accepted (ET)

Mar 14, 2018 · 12:58 pm EDT

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
Common Shares	Mar 13, 2018	M	34,758	$10.89	A	57,876	D
Common Shares	Mar 13, 2018	D	34,758	$10.89	D	23,118	D
Common Shares^F4,F3	Mar 13, 2018	M	84,392	$10.87	A	107,510	D
Common Shares^F4,F3	Mar 13, 2018	D	84,392	$10.87	D	23,118	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Rights (Restricted Share Unit)^F1	—	Mar 13, 2018	M	34,758	D	Mar 13, 2018	Mar 13, 2018	Common Shares	34,758	0	D
Rights (Performance Share Unit)^F2	—	Mar 13, 2018	M	69,038	D	Mar 13, 2018	Mar 13, 2018	Common Shares	69,038	0	D

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.
F3The PSU redemption price is determined based on the volume-weighted average price of a common share of Encana Corporation on the New York Stock Exchange for the five trading days following approval of the performance criteria multiplier.
F4Settlement of the PSUs was based on a performance criteria multiplier of 121.4 percent.