SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Williams Michael

(Last)

(First)

(Middle)

C/O 500 CENTRE STREET SE

(Street)

CALGARY

T2P2S5

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2017

3. Issuer Name and Ticker or Trading Symbol
ENCANA CORP [ ECA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Corp Services

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	7,725	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Options (Tandem Stock Appreciation)	⁽¹⁾	03/03/2023	Common Shares	143,381	$4.15⁽⁶⁾	D
Options (Tandem Stock Appreciation)	⁽²⁾	03/13/2022	Common Shares	96,855	$11.2⁽⁶⁾	D
Options (Tandem Stock Appreciation)	⁽³⁾	03/10/2019	Common Shares	53,228	$20.05⁽⁶⁾	D
Rights (Restricted Share Units)	03/03/2019	⁽⁴⁾	Common Shares	56,528	$4.15⁽⁶⁾	D
Rights (Restricted Share Units)	03/13/2018	⁽⁴⁾	Common Shares	22,763	$11.2⁽⁶⁾	D
Rights (Restricted Share Units)	03/10/2017	⁽⁴⁾	Common Shares	11,903	$20.05⁽⁶⁾	D
Rights (Performance Share Units)	03/03/2019	⁽⁵⁾	Common Shares	113,055	$4.15⁽⁶⁾	D
Rights (Performance Share Units)	03/13/2018	⁽⁵⁾	Common Shares	45,525	$11.2⁽⁶⁾	D
Rights (Performance Share Units)	03/10/2017	⁽⁵⁾	Common Shares	47,611	$20.05⁽⁶⁾	D

Explanation of Responses:

1. 1/3 will vest on March 3, 2017; 1/3 will vest on March 3, 2018; 1/3 will vest on March 3, 2019.

2. 1/3 vested on March 13, 2016; 1/3 will vest on March 13, 2017; 1/3 will vest on March 13, 2018.

3. 1/3 vested on March 10, 2015; 1/3 vested on March 10, 2016; 1/3 will vest on March 10, 2017.

4. Each Restricted Share Unit (each, a "RSU") is the economic equivalent of one common share of Encana Corporation. RSUs are subject to the officer's active employment on the vesting date.

5. Each Performance Share Unit (each, a "PSU") is the economic equivalent of one common share of Encana Corporation. PSUs are subject to achievement of performance criteria on the vesting date.

6. Grants were issued in Canadian dollars. The price has been converted to US dollars using the Bank of Canada exchange rate on the grant date.

	/s/Dawna Gibb by Power of Attorney	01/03/2017
	** Signature of Reporting Person	Date
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 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.