SEC Form 4 · accession 0001127602-17-001937
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
Jan 16, 2017
Accepted (ET)
Jan 18, 2017 · 7:01 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 | Jan 16, 2017 | M | 14,233 | $0.00 | A | 65,480 | D | |
| Common StockF1 | Jan 16, 2017 | D | 14,233 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Shares Feb 2014F2,F3 | — | Jan 16, 2017 | M | 14,233 | D | Feb 18, 2017 | — | Common Stock | 14,233 | 0 | D |
| Phantom Shares EspF4,F5,F6 | — | Jan 16, 2017 | A | 14,233 | A | — | — | Common Stock | 14,233 | 56,945 | I |
Explanation of responses
- F1Upon the vesting of the performance shares, the reporting person deferred receipt of 14,233 units of common stock into her executive savings plan account. As a result, the reporting person is reporting the disposition of the 14,233 shares of common stock into her executive saving plan account.
- F2The number of performance shares that vest is based on the achievement of a specified total shareholder return for Spectra Energy Corp Common Stock.
- F3Expiration date not applicable.
- F4Converts to Common Stock on a 1-to-1 basis
- 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