SEC Form 4 · accession 0001127602-16-067730
Spectra Energy Corp. · SE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Ebel
Officer — President and CEO · Director
Period of report
Nov 17, 2016
Accepted (ET)
Nov 18, 2016 · 2:49 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 | Nov 17, 2016 | M | 76,700 | $25.64 | A | 360,600 | D | |
| Common StockF1 | Nov 17, 2016 | S | 66,587 | $40.7833 | D | 294,013 | D | |
| Common Stock | holding | — | — | — | 1,572 | I | By Spouse Retirement Savings Plan | |
| Common Stock | holding | — | — | — | 5,963 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $25.64 | Nov 17, 2016 | M | 76,700 | D | — | Feb 27, 2017 | Common Stock | 76,700 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average. The shares were sold in multiple transaction at prices ranging from $40.64 to $40.85, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Vests in three annual installments beginning February, 2008.