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ENBRIDGE INC Director's Dealing 2019

Jun 3, 2019

29858_dirs_2019-06-03_4c458765-5f0e-4ea6-b454-b7a7fa5fee03.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: Maki Mark A. (See remarks)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 17225 Direct
Common Shares 990 Indirect
Common Shares 8866 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $28.99 2021-02-14 Common Shares (76400.0) Direct
Stock Option (right to buy) $38.65 2022-03-02 Common Shares (61650.0) Direct
Stock Option (right to buy) $43.84 2023-02-27 Common Shares (63600.0) Direct
Stock Option (right to buy) $44.09 2024-03-13 Common Shares (63050.0) Direct
Stock Option (right to buy) $47.41 2025-03-02 Common Shares (60870.0) Direct
Stock Option (right to buy) $32.56 2026-03-01 Common Shares (84530.0) Direct
Stock Option (right to buy) $55.84 2027-02-28 Common Shares (67800.0) Direct
Stock Option (right to buy) $43.02 2028-02-27 Common Shares (52020.0) Direct
Stock Option (right to buy) $48.3 2029-02-21 Common Shares (57240.0) Direct
Performance Stock Units $ Common Shares (3540.0) Direct
Performance Stock Units $ Common Shares (7410.0) Direct
Performance Stock Units $ Common Shares (8710.0) Direct

Footnotes

F1: The options are fully vested.

F2: The options were granted on February 29, 2016 and vest in four equal annual installments.

F3: The options were granted on February 28, 2017 and vest in four equal annual installments.

F4: The exercise price is in Canadian dollars.

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.