4//SEC Filing
Spectra Energy Corp. 4
Accession 0000899243-17-005746
CIK 0001373835operating
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 1:10 PM ET
Size
30.5 KB
Accession
0000899243-17-005746
Insider Transaction Report
Form 4
Baker Stephen W
Vice President and Treasurer
Transactions
- Disposition to Issuer
LTIP Phantom Stock Grant Feb 2016
2017-02-27−5,050→ 0 total→ Common Stock (5,050 underlying) - Disposition to Issuer
Common Stock
2017-02-27−44,382→ 0 total - Disposition to Issuer
Common Stock
2017-02-27−4,458→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2017-02-27−2,660→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2017-02-27−22,942→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-02-27−179→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-02-27−3,128→ 0 total(indirect: By Trust) - Disposition to Issuer
LTIP Phantom Stock Grant Feb 2017
2017-02-27−5,950→ 0 total→ Common Stock (5,950 underlying) - Disposition to Issuer
Performance Shares Feb 2015
2017-02-27−9,050→ 0 total→ Common Stock (9,050 underlying) - Disposition to Issuer
LTIP Phantom Stock Grant Feb 2015
2017-02-27−5,700→ 0 total→ Common Stock (5,700 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2017-02-27−36,600→ 0 total→ Common Stock (36,600 underlying) - Disposition to Issuer
Performance Shares Feb 2016
2017-02-27−8,850→ 0 total→ Common Stock (8,850 underlying) - Disposition to Issuer
LTIP Phantom Stock Grant Feb 2017
2017-02-27−5,950→ 0 total→ Common Stock (5,950 underlying)
Footnotes (6)
- [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 outstanding option of the Issuer, whether vested or unvested, was automatically be converted into an option to purchase, on the same terms and conditions as were applicable immediately prior to the effective time of the Merger, a number of Enbridge common shares on the terms specified in the Merger Agreement.
- [F4]At the effective time, each performance stock unit granted in 2014 or 2015 vested (with performance deemed satisfied (1) at 100% in the case of awards granted in 2014, and (2) based on actual performance through the effective time, in the case of awards granted in 2015) and was cancelled and converted into the right to receive the Merger Consideration in respect of each share of common stock of the Issuer underlying such award.
- [F5]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding Post-2015 performance based unit of the Issuer were assumed by Enbridge and automatically converted into a corresponding equity incentive award with respect to Enbridge common shares in accordance with the Merger Agreement.
- [F6]At the effective time of the Merger, each outstanding phantom unit denominated in the common stock of the Issuer was automatically adjusted to represent a phantom unit, on the same terms and conditions as were applicable immediately prior to the effective time of the Merger, denominated in a number of Enbridge common shares in accordance with the Merger Agreement.
Documents
Issuer
Spectra Energy Corp.
CIK 0001373835
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001373835
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 1:10 PM ET
- Size
- 30.5 KB