Williams Catherine Lynne 4
4 · ENBRIDGE INC · Filed Mar 27, 2018
Insider Transaction Report
Form 4
ENBRIDGE INCENB
Williams Catherine Lynne
Director
Transactions
- Award
Deferred Stock Units
2018-03-23+2,052→ 40,811 total→ Common Shares (2,052 underlying) - Award
Common Shares
2018-03-23+936→ 47,241 total
Footnotes (4)
- [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]Includes 642 Enbridge Common Shares 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. As of January 1, 2018, the Reporting Person owned 45,663 directly-held Common Shares, rather than the 46,463 reported on the Form 3 filed on January 2, 2018.
- [F3]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.
- [F4]Includes 1,471 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.