SEC Form 4 · accession 0001127602-16-070531
Spectra Energy Corp. · SE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Patrick Reddy
Officer — Chief Financial Officer
Period of report
Dec 16, 2016
Accepted (ET)
Dec 20, 2016 · 2:06 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 | Dec 16, 2016 | M | 26,574 | $0.00 | A | 129,082 | D | |
| Common Stock | Dec 16, 2016 | F | 11,148 | $41.79 | D | 117,934 | D | |
| Common Stock | holding | — | — | — | 12,223 | I | By 401K Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Shares Feb 2014F2,F1,F3 | — | Dec 16, 2016 | M | 18,540 | D | Feb 18, 2017 | — | Common Stock | 18,540 | 2,060 | D |
Explanation of responses
- F1The number of performance shares that vest is based on the achievement of a specified total shareholder return for Spectra Energy Corp Common Stock.
- F2Vested with respect to 90% of the performance share award on December 16, 2016. The actual number of shares underlying such award that vest is based on the achievement of a specified total shareholder return for Spectra Energy Corp common stock
- F3Expiration date not applicable.