I like the idea of revamping Executioner's Calling, since its a bit useless. After all APC's have
for Grievous Wounds. My thoughts on it are the parasite passive needs tweaking, cause the way this item is made out to be looks more like a standard adc item in tandem with
instead of a situational item that it should be.
Here's what I think:
Make Grievous Wounds the passive, and have it apply when dealing AD based damage to someone (auto attacks or abilities stacking with AD)
It's active can be the parasite (cause I think it's a cool idea). It will still slow the target, but the parasite will do a flat percentage of reduced/enhanced healing, around 5-10%
Finally, I believe that the attack speed should be replaced with armor pen (not like last whisper crazy, but like 15ish%). The attack speed coupled with the healing degeneration would just make this another core adc item. By replacing the attack speed with armor pen, it makes it a viable choice for the typical ad bruiser/tanky in the top lane or jungle, but it isn't a strong core item so it isn't a necessity.
I really like the idea, those are just my opinions on tweaks