SEC Form 4 · accession 0000895728-18-000044
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela L Carter
Director
Period of report
Sep 21, 2018
Accepted (ET)
Sep 25, 2018 · 11:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000895728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Sep 21, 2018 | A | 0 | — | A | 41,097 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F2 | — | Sep 21, 2018 | A | 515 | A | — | — | Common Shares | 515 | 4,335 | D |
Explanation of responses
- F1All non-employee directors may elect to receive a portion of their compensation in the form of Enbridge Common Shares. The Enbridge Common Shares granted as a component of director compensation are not subject to any vesting conditions or other restrictions on transfer.
- F2All 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.
- F3Includes 59 DSUs acquired by the Reporting Person between June 16, 2018 and September 21, 2018 under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.