Spectra Energy Corp. 4
4 · Spectra Energy Corp. · Filed Feb 28, 2017
Insider Transaction Report
Form 4
PHELPS MICHAEL E J
Director
Transactions
- Disposition to Issuer
Common Stock
2017-02-27−91,899→ 0 total - Disposition to Issuer
Phantom Shares Dsp
2017-02-27−14,167→ 0 total(indirect: By Trust)→ Common Stock (14,167 underlying)
Footnotes (3)
- [F1]Includes shares acquired pursuant to dividend reinvestment.
- [F2]At the effective time of the Merger, each issued and outstanding share of the common stock of the Issuer was converted into the right to receive 0.984 of an Enbridge common share, with cash paid in lieu of fractional shares, in accordance with the Merger Agreement (the "Merger Consideration").
- [F3]At the effective time of the Merger, each right to receive common stock of the Issuer or benefits measured by the value of common stock of the Issuer was automatically adjusted to represent a right to receive benefits measured by the value of Enbridge common shares in accordance with the Merger Agreement.