SEC Form 4 · accession 0001127602-15-007940
Spectra Energy Corp. · SE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie Dill
Officer — Chief Communications Officer
Period of report
Feb 21, 2015
Accepted (ET)
Feb 24, 2015 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001373835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 21, 2015 | M | 7,400 | — | A | 51,576 | D | |
| Common StockF1 | Feb 21, 2015 | D | 7,400 | — | D | 44,176 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTIP Phantom Stock Grant Feb 2012F1,F2,F3,F4 | — | Feb 21, 2015 | M | 7,400 | D | Feb 21, 2015 | Feb 21, 2015 | Common Stock | 7,400 | 0 | D |
| Phantom Shares EspF1,F2,F5,F6 | — | Feb 21, 2015 | A | 7,400 | A | — | — | Common Stock | 7,400 | 33,401 | I |
Explanation of responses
- F1Upon the vesting of phantom stock units granted to the reporting person on February 21, 2012, the reporting person deferred receipt of 7,400 units of common stock into her executive savings plan account. As a result, the reporting person is reporting the disposition of 7,400 shares of common stock into her executive savings plan account.
- F2Converts to Common Stock on a 1-for-1 basis.
- F3Grant cliff vests 3 years from date of Grant.
- F4Expiration date not applicable.
- F5Payment upon termination of employment or occurence of other events as specified in the Spectra Energy Corp Executive Savings Plan, subject to holding periods required by law.
- F6Expiration date not applicable