SEC Form 4 · accession 0000895728-18-000126
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vernon D Yu
Officer — See Remarks
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 5:25 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,F2 | Dec 20, 2018 | A | 4,620 | — | A | 60,026 | D | |
| Common SharesF3 | holding | — | — | — | 6,284 | I | Held through Enbridge Employee Savings Plan Registered Retirement Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger, dated September 17, 2018, among Enbridge Energy Management, L.L.C. ("EEM"), Enbridge Inc. ("Enbridge"), Winter Acquisition Sub I, Inc. and the other parties thereto, at the closing of the merger on December 20, 2018, each listed share of EEM (other than those held by Enbridge or its subsidiaries) was exchanged for 0.335 of an Enbridge Common Share and cash in lieu of any fractional shares. The market value of Enbridge Common Shares at the effective time of the merger was $10.51.
- F2Includes 40 Enbridge Common Shares acquired by the Reporting Person between November 9, 2018 and December 20, 2018 under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c), and 235 Enbridge Common Shares acquired by the Reporting Person between November 9, 2018 and December 20, 2018 pursuant to a dividend reinvestment feature under the Enbridge Employee Savings Plan.
- F3Includes 290 Enbridge Common Shares acquired by the Reporting Person between February 3, 2018 and November 30, 2018 under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11, and 94 Enbridge Common Shares acquired by the Reporting Person between December 1, 2018 and December 20, 2018 pursuant to a dividend reinvestment feature under the Enbridge Employee Savings Plan.
Remarks
Executive Vice President & Chief Development Officer