Ellipse Tool Shift+F4
The Ellipse Tool creates and edits elliptical and circular QuickShapes. It is a customized version of the QuickShape Tool. For information about QuickShapes, see the QuickShapes Overview.
Ellipse Tool Infobar Controls
Ellipse Tool Operations
Changing a polygon into an ellipse
Changing a rectangle into an ellipse
Changing an ellipse into a polygon
Movie—click below (not working in this version)