Coutu Marcel Rosaire 4
4 · ENBRIDGE INC · Filed Sep 25, 2018
Insider Transaction Report
Form 4
ENBRIDGE INCENB
Coutu Marcel Rosaire
Director
Transactions
- Award
Deferred Stock Units
2018-09-21+1,791→ 17,399 total→ Common Shares (1,791 underlying)
Footnotes (2)
- [F1]All 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.
- [F2]Includes 233 DSUs acquired by the Reporting Person between June 16, 2018 and September 21, 2018 under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.