ANDERSON PAUL M 4
4 · Spectra Energy Corp. · Filed Feb 11, 2011
Insider Transaction Report
Form 4
ANDERSON PAUL M
Director
Transactions
- Exercise/Conversion
Common Stock
2011-02-10$25.68/sh+275,000$7,063,183→ 398,578 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-02-10−275,000→ 0 totalExercise: $15.03From: 2007-01-08Exp: 2013-11-17→ Common Stock (275,000 underlying) - Sale
Common Stock
2011-02-10$25.68/sh−275,000$7,063,183→ 123,578 total
Footnotes (1)
- [F1]On January 2, 2007, Duke Energy Corporation distributed all of the shares of common stock of Spectra Energy Corp to Duke Energy shareholders. In connection with the distribution, the reporting person was granted stock options in partial substitution of stock options previously issued by Duke Energy. On January 8, 2007, the exercise price of the options described herein were calculated in accordance with the terms established by the Compensation Committee of the Board of Directors.