ENBRIDGE INC — Director's Dealing 2019

Mar 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENBRIDGE INC (ENB)
CIK: 0000895728
Period of Report: 2019-03-08

Reporting Person: Jarvis D Guy (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-08	Common Shares	D	14100	$42.45	Disposed	47455	Direct
2019-03-08	Common Shares	M	169400	$39.34	Acquired	216855	Direct
2019-03-08	Common Shares	F	145387	$48.36	Disposed	71635	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-08	Performance Options	$39.34	M	169400	Disposed	2020-08-15	Common Shares (169400.0)	Direct

Footnotes

F1: These represent previously granted Performance Stock Units for which the performance conditions were satisfied on February 12, 2019. Each unit was settled in cash on March 8, 2019 using a performance multiplier of 0.92 and based on the weighted average trading price of Common Shares on the Toronto Stock Exchange for the twenty trading days immediately prior to the end of the performance period (December 31, 2018).

F2: The exercise price is in Canadian dollars.

F3: Includes 12 Enbridge Common Shares acquired by the Reporting Person between February 23, 2019 and March 8, 2019 under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c), and 155 Enbridge Common Shares acquired by the Reporting Person between February 23, 2019 and March 8, 2019 pursuant to a dividend reinvestment feature under the Enbridge Employee Savings Plan.

F4: The options were granted on August 15, 2012 and are fully vested.