PHELPS MICHAEL E J 4
4 · ENBRIDGE INC · Filed Dec 18, 2018
Insider Transaction Report
Form 4
ENBRIDGE INCENB
PHELPS MICHAEL E J
Director
Transactions
- Award
Deferred Stock Units
2018-12-14+552→ 3,308 total→ Common Shares (552 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 42 DSUs acquired by the Reporting Person between September 22, 2018 to December 14, 2018 pursuant to a dividend reinvestment feature under the Enbridge Inc. Directors' Compensation Plan.