SEC Form 4 · accession 0001667731-19-000098

ENCANA CORP · ECA

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

Reporting owner

Officer — EVP & Gen. Counsel

Period of report

Mar 8, 2019

Accepted (ET)

Mar 11, 2019 · 1:37 pm EDT

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
Options (Tandem Stock Apprciation)^F3,F1	$7.16	Mar 8, 2019	A	72,065	A	—	Mar 8, 2026	Common Shares	72,065	72,065	D
Rights (Restricted Share Unit)^F2	—	Mar 8, 2019	A	33,150	A	Mar 8, 2022	—	Common Shares	33,150	33,150	D

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 Encana Corporation Omnibus Incentive Plan 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.
F3The exercise price of Options granted is determined in Canadian dollars at a price of CAD$9.54 per share and is based on the volume-weighted average price of a common share of Encana Corporation on the Toronto Stock Exchange for the five days prior to the transaction date. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.