SEC Form 4 · accession 0001104659-18-006525
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John K Whelen
Officer — See Remarks
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 4:47 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 | holding | — | — | — | 120,414 | D | ||
| Common SharesF2 | holding | — | — | — | 1,810 | I | Held through Enbridge Employee Savings Plan Registered Retirement Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF3 | — | Feb 1, 2018 | A | 28,290 | A | — | — | Common Shares | 28,290 | 28,290 | D |
Explanation of responses
- F1Between March 9, 2017 and February 1, 2018 the Reporting Person acquired 277 Enbridge Common Shares under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c), and between June 1, 2017 and February 1, 2018 the Reporting Person acquired 277 Enbridge Common Shares under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.
- F2Between June 1, 2017 and February 1, 2018 the Reporting Person acquired 66 Enbridge Common Shares under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.
- F3The units were granted on February 1, 2018 and have a three year performance period commencing on January 1, 2018 and ending on December 31, 2020. 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.
Remarks
Executive Vice President & Chief Financial Officer