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ENBRIDGE INC — Director's Dealing 2019
Feb 25, 2019
29858_dirs_2019-02-25_f9593892-d75f-446c-9e43-0d77dee664b5.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: 2019-02-21
Reporting Person: Neiles Byron C (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-21 | Performance Stock Units | $ | A | 19100 | Acquired | Common Shares (19100) | Direct | |
| 2019-02-21 | Stock Option (right to buy) | $48.30 | A | 125580 | Acquired | 2029-02-21 | Common Shares (125580) | Direct |
Footnotes
F1: 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.
F2: Exercise price is in Canadian dollars.
F3: The options will vest in four equal annual installments on each of the first through fourth anniversaries of grant.
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