Coutu Marcel Rosaire 4
4 · ENBRIDGE INC · Filed Mar 27, 2018
Insider Transaction Report
Form 4
ENBRIDGE INCENB
Coutu Marcel Rosaire
Director
Transactions
- Award
Deferred Stock Units
2018-03-23+1,972→ 13,148 total→ Common Shares (1,972 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 178 DSUs acquired by the Reporting Person between January 2, 2018 and March 23, 2018 under the Enbridge Dividend Reinvestment and Share Purchase Plan in transactions that were exempt under Rule 16a-11.