SEC Form 4 · accession 0001104659-19-010400
ENBRIDGE INC · ENB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Rooney
Officer — See Remarks
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 6:48 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 | — | — | — | 18,376 | 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 21, 2019 | A | 23,340 | A | — | — | Common Shares | 23,340 | 23,340 | D |
| Stock Option (right to buy)F3,F4 | $48.30 | Feb 21, 2019 | A | 153,490 | A | — | Feb 21, 2029 | Common Shares | 153,490 | 153,490 | D |
Explanation of responses
- F1Includes 280 Enbridge Common Shares acquired by the Reporting Person between December 5, 2018 and February 21, 2019 under the Enbridge Employee Savings Plan in transactions that were exempt under Rule 16b-3(c).
- F2The units were granted on February 21, 2019 and have a three year performance period commencing on January 1, 2019 and ending on December 31, 2021. 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.
- F3Exercise price is in Canadian dollars.
- F4The options will vest in four equal annual installments on each of the first through fourth anniversaries of grant.
Remarks
Executive Vice President & Chief Legal Officer