FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Hedgebeth Reginald D   2. Issuer Name and Ticker or Trading Symbol Spectra Energy Corp. [SE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) General Counsel (Last) (First) (Middle) 5400 WESTHEIMER COURT 3. Date of Earliest Transaction (Month/Day/Year) 02/16/2016 (Street) HOUSTON, TX 77056 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/16/2016   M   6,841 A $ 0 120,969 D   Common Stock 02/16/2016   F   1,872 D $ 28.49 119,097 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Performance Shares Feb 2013

(1)

02/16/2016

M

6,841

02/16/2016

(2)

Common Stock

6,841

$ 0

3,109

D

LTIP Phantom Stock Grant Feb 2016

(3)

02/16/2016

A

10,100

02/16/2019(4)

02/16/2019

Common Stock

10,100

$ 0

10,100

D

Performance Shares Feb 2016

(1)

02/16/2016

A

17,750

02/16/2019

(2)

Common Stock

17,750

$ 0

17,750

D

Employee Stock Option (Right to Buy) Feb 2016

$ 28.4

02/16/2016

A

73,250

(5)

02/16/2026

Common Stock

73,250

$ 0

73,250

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Hedgebeth Reginald D 5400 WESTHEIMER COURT HOUSTON, TX 77056			General Counsel

Signatures

/s/Allison McHenry as Attorney-in-Fact for Reginald D. Hedgebeth		02/18/2016
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Converts to Common Stock on a 1-for-1 basis. The number of performance shares that vest is based on the achievement of a specified total shareholder return for Spectra Energy Corp Common Stock.
(2)	Expiration date not applicable.
(3)	Each share of phantom stock represents the right to receive the cash value of one share of Spectra Energy Corp Common Stock.
(4)	Grant cliff vests 3 years from date of Grant.
(5)	The option becomes exercisable in three equal installments beginning on February 16, 2017.

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