Sec Form 4 Filing - Alexander Joanne Linette @ ENCANA CORP - 2019-03-08

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
Alexander Joanne Linette
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 & Gen.. Counsel
(Last) (First) (Middle)
C/O 500 CENTRE STREET SE
3. Date of Earliest Transaction (MM/DD/YY)
03/08/2019
(Street)
CALGARY, A0T2P2S5
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
Common Shares 03/08/2019 M 38,949 A $ 7.16 ( 2 ) 45,146 D
Common Shares 03/08/2019 D 38,949 D $ 7.16 ( 2 ) 6,197 D
Common Shares 03/08/2019 M 130,866 ( 5 ) A $ 7.16 ( 4 ) 137,063 D
Common Shares 03/08/2019 D 130,866 ( 5 ) D $ 7.16 ( 4 ) 6,197 D
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
Rights (Restricted Share Unit) ( 1 ) 03/08/2019 M 38,949 03/08/2019 03/08/2019 Common Shares 38,949 $ 0 ( 2 ) 0 D
Rights (Performance Share Unit) ( 3 ) 03/08/2019 M 76,877 03/08/2019 03/08/2019 Common Shares 76,877 $ 0 ( 4 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Alexander Joanne Linette
C/O 500 CENTRE STREET SE
CALGARY, A0T2P2S5
EVP & Gen.. Counsel
Signatures
/s/ Dawna Gibb, by Power of Attorney 03/11/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Restricted Share Unit (each, "RSU") is the economic equivalent of one common share of Encana Corporation and attracts dividend equivalent RSUs.
( 2 )The RSUs settled in Canadian dollars at a price of CAD$9.54 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
( 3 )Each 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.
( 4 )The PSU is settled in Canadian dollars at a price of CAD$9.54 per share and is determined based on the volume-weighted average price of a common share of Encana Corporation on the Toronto Stock Exchange for the five trading days following approval of the performance criteria multiplier. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
( 5 )Settlement of the PSUs was based on a performance criteria multiplier of 168 percent.

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