Williams Catherine Lynne 4
4 · ENBRIDGE INC · Filed Dec 18, 2018
Insider Transaction Report
Form 4
ENBRIDGE INCENB
Williams Catherine Lynne
Director
Transactions
- Award
Common Shares
2018-12-14+910→ 51,304 total - Award
Deferred Stock Units
2018-12-14+552→ 41,994 total→ Common Shares (552 underlying)
Footnotes (3)
- [F1]All non-employee directors may elect to receive a portion of their compensation in the form of Enbridge Common Shares. The Enbridge Common Shares granted as a component of director compensation are not subject to any vesting conditions or other restrictions on transfer.
- [F2]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.
- [F3]Includes 552 DSUs acquired by the Reporting Person between September 22, 2018 and December 14, 2018 pursuant to a dividend reinvestment feature under the Enbridge Inc. Directors' Compensation Plan.