SEC Form 4 · accession 0001104659-18-010308
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Monaco
Officer — See Remarks · Director
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 12:32 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 | — | — | — | 498,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2 | — | Feb 14, 2018 | A | 103,590 | A | — | — | Common Shares | 103,590 | 103,590 | D |
Explanation of responses
- F1Between March 9, 2017 and February 14, 2018 the Reporting Person acquired 8,351 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 14, 2018 the Reporting Person acquired 7,073 Enbridge Common Shares under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.
- F2The units were granted on February 14, 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
President & Chief Executive Officer