SEC Form 4 · accession 0001667731-19-000071
ENCANA CORP · ECA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Renee Ellen Zemljak
Officer — EVP, Mdstrm, Mktg & Fndmtls
Period of report
Mar 8, 2019
Accepted (ET)
Mar 11, 2019 · 11:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157806
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rights (Shareholder Appreciation)F1 | $7.16 | Mar 8, 2019 | A | 125,481 | A | — | Mar 8, 2026 | Common Shares | 125,481 | 125,481 | D |
| Rights (Restricted Share Unit)F2 | — | Mar 8, 2019 | A | 60,231 | A | Mar 8, 2022 | — | Common Shares | 60,231 | 60,231 | D |
Explanation of responses
- F130% vest 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 Encana Corporation and applicable grant agreement.
- F2Each Restricted Share Unit (each, "RSU") is the economic equivalent of one common share of Encana Corporation and attracts dividend equivalent RSUs. The RSUs vest on March 8, 2022, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan of Encana Corporation and applicable grant agreement.