Neiles Byron C 4
4 · ENBRIDGE INC · Filed Feb 25, 2019
Insider Transaction Report
Form 4
ENBRIDGE INCENB
Neiles Byron C
See Remarks
Transactions
- Award
Stock Option (right to buy)
2019-02-21+125,580→ 125,580 totalExercise: $48.30Exp: 2029-02-21→ Common Shares (125,580 underlying) - Award
Performance Stock Units
2019-02-21+19,100→ 19,100 total→ Common Shares (19,100 underlying)
Footnotes (3)
- [F1]The units were granted on February 21, 2019 and have a three year performance period commencing on January 1, 2019 and ending on December 31, 2021. The units represent a contingent right to receive in cash the value of one Enbridge Common Share based on pre-determined performance factors, with a maximum payment on settlement of 200% of the grant.
- [F2]Exercise price is in Canadian dollars.
- [F3]The options will vest in four equal annual installments on each of the first through fourth anniversaries of grant.