Sec Form 4 Filing - Brillon Sherri Anne @ ENCANA CORP - 2017-02-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brillon Sherri Anne
2. Issuer Name and Ticker or Trading Symbol
ENCANA CORP [ ECA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP and CFO
(Last) (First) (Middle)
500 CENTRE STREET SE
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2017
(Street)
CALGARY, A0T2P 2S5
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Tandem Stock Appreciation) $ 11.72 ( 1 ) 02/27/2017 A 74,086 ( 2 ) 02/27/2024 Common Shares 74,086 $ 0 74,086 D
Rights (Restricted Share Units) $ 11.72 ( 1 ) 02/27/2017 A 37,266 ( 3 ) ( 3 ) Common Shares 37,266 $ 0 209,200 D
Rights (Performance Share Units) $ 11.72 ( 1 ) 02/27/2017 A 74,531 ( 4 ) ( 4 ) Common Shares 74,531 $ 0 418,398 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brillon Sherri Anne
500 CENTRE STREET SE
CALGARY, A0T2P 2S5
EVP and CFO
Signatures
/s/ Dawna Gibb by Power of Attorney 02/28/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Grants were issued in Canadian dollars at a price of $15.43/share. The price has been converted to US dollars using the Bank of Canada exchange rate on the grant date.
( 2 )Options grant dated February 27, 2017. 30% will be vested on February 27, 2018, 30% will be vested on February 27, 2019 and 40% will be vested on February 27, 2020, subject to the grantee's active employment on such dates and the terms and conditions of the employee stock option plan. All previously reported options vest 30%, 30% and 40% on the previously reported dates, respectively.
( 3 )RSU grant dated February 27, 2017. The RSU grant is a conditional grant to receive Encana common shares or cash equivalent upon the vesting date of February 27, 2020, subject to the grantee's active employment on such date and the terms and conditions of the RSU plan.
( 4 )PSU grant dated February 27, 2017. The PSU grant is a conditional grant to receive Encana common shares or cash equivalent upon the vesting date of February 27, 2020, subject to the grantee's active employment on such date, the achievement of certain performance criteria and the terms and conditions of the PSU plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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