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ENBRIDGE INC — Director's Dealing 2019
Mar 26, 2019
29858_dirs_2019-03-26_e342ca9d-65a6-440a-9893-c3c12b142856.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ENBRIDGE INC (ENB)
CIK: 0000895728
Period of Report: 2019-03-22
Reporting Person: PHELPS MICHAEL E J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-22 | Deferred Stock Units | $ | A | 636 | Acquired | Common Shares (636.0) | Direct |
Footnotes
F1: All non-employee directors receive a portion of their compensation in the form of Deferred Stock Units ("DSUs"), which represent notional shares with the same value as Enbridge Common Shares. Such DSUs are fully vested at grant and are settled in cash upon retirement of the director based on the price of Enbridge Common Shares. The DSUs have no expiration date.
F2: Includes 51 DSUs acquired by the Reporting Person between December 15, 2018 and March 22, 2019 pursuant to a dividend reinvestment feature under the Enbridge Inc. Directors' Compensation Plan.