SEC Form 4 · accession 0000895728-18-000097
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine Lynne Williams
Director
Period of report
Dec 14, 2018
Accepted (ET)
Dec 18, 2018 · 1:11 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 14, 2018 | A | 910 | — | A | 51,304 | 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 | — | Dec 14, 2018 | A | 552 | A | — | — | Common Shares | 552 | 41,994 | 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 552 DSUs acquired by the Reporting Person between September 22, 2018 and December 14, 2018 pursuant to a dividend reinvestment feature under the Enbridge Inc. Directors' Compensation Plan.