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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.