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*
McCracken Brendan Michael

(Last) (First) (Middle)
500 CENTRE STREET SE

(Street)
CALGARY A0 T2P5S2

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2019
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 Dev & Ext Relations
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 12,400 D
Common Shares 801 I RRSP
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)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Tandem Stock Appreciation) (1) 03/13/2022 Common Shares 42,081 11.2(8) D
Options (Tandem Stock Appreciation) (2) 03/03/2023 Common Shares 101,471 4.15(8) D
Options (Tandem Stock Appreciation) (3) 02/27/2024 Common Shares 28,495 11.72(8) D
Options (Tandem Stock Appreciation) (4) 02/26/2025 Common Shares 22,755 10.85(8) D
Options (Tandem Stock Appreciation) (5) 03/08/2026 Common Shares 54,246 7.16(8) D
Options (Tandem Stock Appreciation) (6) 09/10/2026 Common Shares 56,092 4.54(8) D
Rights (Restricted Share Unit) 02/27/2020 (7) Common Shares 14,595 11.72(8) D
Rights (Restricted Share Unit) 02/26/2021 (7) Common Shares 12,076 10.85(8) D
Rights (Restricted Share Unit) 03/08/2022 (7) Common Shares 25,114 7.16(8) D
Explanation of Responses:
1. 30% vested on March 13, 2016, 30% vested on March 13, 2017 and 40% vested on March 13, 2018, subject to the grantee's active employment on such dates.
2. 30% vested on March 3, 2017, 30% vested on March 3, 2018 and 40% vested on March 3, 2019, subject to the grantee's active employment on such dates.
3. 30% vested on February 27, 2018, 30% vested on February 27, 2019 and 40% vest on February 27, 2020, subject to the grantee's active employment on such dates.
4. 30% vested on February 26, 2019, 30% vest on February 26, 2020 and 40% vest on February 26, 2021, subject to the grantee's active employment on such dates.
5. 30% 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 Omnibus Incentive Plan of Encana Corporation and applicable grant agreement.
6. 30% vest on September 10, 2020, 30% vest on September 10, 2021 and 40% vest on September 10, 2022, subject to the grantee's active employment on such dates and the terms and conditions of the Omnibus Incentive Plan of Encana Corporation and applicable grant agreement.
7. 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 and the terms and conditions of the Omnibus Incentive Plan of Encana Corporation and applicable grant agreement.
8. The grants were issued in Canadian dollars. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the grant date.
/s/Dawna Gibb by Power of Attorney 09/19/2019
** 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.