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ENBRIDGE INC — Director's Dealing 2019
Feb 25, 2019
29858_dirs_2019-02-25_6397752d-8a16-4037-8060-2cd605eed9ce.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: ROONEY ROBERT R (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-21 | Performance Stock Units | $ | A | 23340 | Acquired | Common Shares (23340) | Direct | |
| 2019-02-21 | Stock Option (right to buy) | $48.30 | A | 153490 | Acquired | 2029-02-21 | Common Shares (153490) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 18376 | Direct |
Footnotes
F1: Includes 280 Enbridge Common Shares acquired by the Reporting Person between December 5, 2018 and February 21, 2019 under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c).
F2: 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.
F3: Exercise price is in Canadian dollars.
F4: The options will vest in four equal annual installments on each of the first through fourth anniversaries of grant.