SEC Form 4 · accession 0000895728-18-000081
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia L Hansen
Officer — See Remarks
Period of report
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 7:20 pm EST
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 | Dec 3, 2018 | M | 12,000 | $19.805 | A | 67,329 | D | |
| Common SharesF2,F3 | Dec 3, 2018 | S | 12,000 | $44.1034 | D | 55,362 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F4 | $19.805 | Dec 3, 2018 | M | 12,000 | D | — | Feb 25, 2019 | Common Shares | 12,000 | 50,000 | D |
Explanation of responses
- F1The exercise price is in Canadian dollars.
- F2The price reported in Column 4 is a weighted average price and in Canadian dollars. These shares were sold in multiple transactions at prices ranging from CAD$44.05 to CAD$44.16, inclusive. The reporting person undertakes to provide to Enbridge Inc., any security holder of Enbridge Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F3Includes 33 Enbridge Common Shares acquired by the Reporting Person between November 9, 2018 and December 3, 2018 under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c).
- F4The options are fully vested.