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ENBRIDGE INC — Director's Dealing 2019
Jun 3, 2019
29858_dirs_2019-06-03_daa88eb9-d18b-404e-b66d-bb8224b09fca.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ENBRIDGE INC (ENB)
CIK: 0000895728
Period of Report: 2019-06-01
Reporting Person: Gruending Colin K (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 15635 | Direct |
| Common Shares | 3019 | Indirect |
| Common Shares | 5167 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $23.295 | 2020-02-16 | Common Shares (33800.0) | Direct | |
| Stock Option (right to buy) | $28.775 | 2021-02-14 | Common Shares (75000.0) | Direct | |
| Stock Option (right to buy) | $38.34 | 2022-03-02 | Common Shares (69750.0) | Direct | |
| Stock Option (right to buy) | $44.83 | 2023-02-27 | Common Shares (72000.0) | Direct | |
| Stock Option (right to buy) | $48.81 | 2024-03-13 | Common Shares (66500.0) | Direct | |
| Stock Option (right to buy) | $59.08 | 2025-03-02 | Common Shares (64780.0) | Direct | |
| Stock Option (right to buy) | $44.06 | 2026-03-01 | Common Shares (64600.0) | Direct | |
| Stock Option (right to buy) | $55.84 | 2027-02-28 | Common Shares (48670.0) | Direct | |
| Stock Option (right to buy) | $43.02 | 2028-02-27 | Common Shares (45170.0) | Direct | |
| Stock Option (right to buy) | $48.3 | 2029-02-21 | Common Shares (78490.0) | Direct | |
| Performance Stock Units | $ | Common Shares (2520.0) | Direct | ||
| Performance Stock Units | $ | Common Shares (6440.0) | Direct | ||
| Performance Stock Units | $ | Common Shares (11940.0) | Direct | ||
| Restricted Stock Units | $ | Common Shares (4960.0) | Direct |
Footnotes
F1: The options are fully vested.
F2: The exercise price is in Canadian dollars.
F3: The options were granted on February 29, 2016 and vest in four equal annual installments.
F4: The options were granted on February 28, 2017 and vest in four equal annual installments.
F5: The options were granted on February 27, 2018 and vest in four equal annual installments.
F6: The options were granted on February 21, 2019 and vest in four equal annual installments.
F7: The units were granted on January 1, 2017 and will vest on December 31, 2019. The units represent a contingent right to receive in cash the value of one Enbridge Common Share based on pre-determined performance factors, with a maximum payment on settlement of 200% of the grant.
F8: Total includes the reinvestment of dividends.
F9: The units were granted on February 1, 2018 and have a three year performance period commencing on January 1, 2018 and ending on December 31, 2020. The units represent a contingent right to receive in cash the value of one Enbridge Common Share based on pre-determined performance factors, with a maximum payment on settlement of 200% of the grant.
F10: The units were granted on February 21, 2019 and have a three year performance period commencing on January 1, 2019 and ending on December 31, 2021. The units represent a contingent right to receive in cash the value of one Enbridge Common Share based on pre-determined performance factors, with a maximum payment on settlement of 200% of the grant.
F11: Each unit represents a contingent right to receive one Enbridge Common Share. The units were granted on May 15, 2018 and will vest as to 20% of the award on each of the first and second anniversaries of grant, with the remainder of such award vesting on the third anniversary grant, on the condition that the officer remain employed at Enbridge throughout that time.