Brillon Sherri Anne 4

4 · ENCANA CORP · Filed Mar 11, 2019

Form 4

Period: 2019-03-08

EVP and CFO

Transactions

Exercise/Conversion
Rights (Restricted Share Unit)
2019-03-08−105,390→ 0 total
From: 2019-03-08Exp: 2019-03-08→ Common Shares (105,390 underlying)
Exercise/Conversion
Rights (Performance Share Unit)
2019-03-08−208,020→ 0 total
From: 2019-03-08Exp: 2019-03-08→ Common Shares (208,020 underlying)
Disposition to Issuer
Common Shares
2019-03-08$7.16/sh−105,390$754,592→ 114,165 total
Disposition to Issuer
Common Shares
2019-03-08$7.16/sh−354,108$2,535,413→ 114,165 total
Exercise/Conversion
Common Shares
2019-03-08$7.16/sh+105,390$754,592→ 219,555 total
Exercise/Conversion
Common Shares
2019-03-08$7.16/sh+354,108$2,535,413→ 468,273 total

Footnotes (5)

[F1]Each Restricted Share Unit (each, "RSU") is the economic equivalent of one common share of Encana Corporation and attracts dividend equivalent RSUs.
[F2]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.
[F3]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.
[F4]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.
[F5]Settlement of the PSUs was based on a performance criteria multiplier of 168 percent.

Documents

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