SEC Form 4 · accession 0001127602-16-042990
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 19, 2016
Accepted (ET)
Feb 23, 2016 · 5:38 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 Stock | Feb 19, 2016 | M | 8,000 | $0.00 | A | 59,247 | D | |
| Common StockF1,F2 | Feb 19, 2016 | D | 8,000 | — | D | 51,247 | D | |
| Common Stock | holding | — | — | — | 12,978 | I | Retirement Savings Plan |
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 2013F3,F4 | — | Feb 19, 2016 | M | 8,000 | D | Feb 19, 2016 | Feb 19, 2016 | Common Stock | 8,000 | 0 | D |
| Phantom Shares EspF6,F5,F7 | — | Feb 19, 2016 | A | 8,000 | A | — | — | Common Stock | 8,000 | 42,712 | I |
Explanation of responses
- F1Upon the vesting of phantom stock units granted to the reporting person on February 13, 2013, the reporting person deferred receipt of 8,000 units of common stock into her executive savings plan account. As a result, the reporting person is reporting the disposition of 8,000 shares of common stock into her executive savings plan account.
- F2Includes shares acquired pursuant to dividend reinvestment.
- F3Converts to Common Stock on a 1-for-1 basis.
- F4Grant cliff vests 3 years from date of Grant.
- F5Converts to Common Stock on a 1-to-1 basis
- F6Payment 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.
- F7Expiration date not applicable