Spectra Energy Corp. 4

Accession 0000899243-17-005751

CIK 0001373835operating

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 1:14 PM ET

Size

23.6 KB

Accession

0000899243-17-005751

Form 4

Period: 2017-02-27

Vice President and Treasurer

Transactions

Disposition to Issuer
Performance Shares Feb 2015
2017-02-27−3,200→ 0 total
→ Common Stock (3,200 underlying)
Disposition to Issuer
LTIP Phantom Stock Grant Feb 2016
2017-02-27−1,650→ 0 total
→ Common Stock (1,650 underlying)
Disposition to Issuer
Performance Shares Feb 2016
2017-02-27−3,450→ 0 total
→ Common Stock (3,450 underlying)
Disposition to Issuer
Common Stock
2017-02-27−12,011→ 0 total
Disposition to Issuer
Common Stock
2017-02-27−5,136→ 0 total(indirect: Retirement Savings Plan)
Disposition to Issuer
LTIP Phantom Stock Grant Feb 2015
2017-02-27−2,000→ 0 total
→ Common Stock (2,000 underlying)
Disposition to Issuer
LTIP Phantom Stock Grant Feb 2016
2017-02-27−1,650→ 0 total
→ Common Stock (1,650 underlying)
Disposition to Issuer
LTIP Phantom Stock Grant Feb 2017
2017-02-27−2,125→ 0 total
→ Common Stock (2,125 underlying)
Disposition to Issuer
LTIP Phantom Stock Grant Feb 2017
2017-02-27−2,125→ 0 total
→ Common Stock (2,125 underlying)

Footnotes (5)

[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, 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.
[F4]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.
[F5]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

1 file

Spectra Energy Corp.

CIK 0001373835

Entity typeoperating

IncorporatedDE