| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 06/01/2019 | 3. Issuer Name and Ticker or Trading Symbol ENBRIDGE INC [ ENB ] | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Shares | 15,635 | D | |
| Common Shares | 3,019 | I | Held Indirectly through RRSP - Kim Gruending |
| Common Shares | 5,167 | I | Held Indirectly through RRSP |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Option (right to buy) | (1) | 02/16/2020 | Common Shares | 33,800 | 23.295(2) | D | |
| Stock Option (right to buy) | (1) | 02/14/2021 | Common Shares | 75,000 | 28.775(2) | D | |
| Stock Option (right to buy) | (1) | 03/02/2022 | Common Shares | 69,750 | 38.34(2) | D | |
| Stock Option (right to buy) | (1) | 02/27/2023 | Common Shares | 72,000 | 44.83(2) | D | |
| Stock Option (right to buy) | (1) | 03/13/2024 | Common Shares | 66,500 | 48.81(2) | D | |
| Stock Option (right to buy) | (1) | 03/02/2025 | Common Shares | 64,780 | 59.08(2) | D | |
| Stock Option (right to buy) | (3) | 03/01/2026 | Common Shares | 64,600 | 44.06(2) | D | |
| Stock Option (right to buy) | (4) | 02/28/2027 | Common Shares | 48,670 | 55.84(2) | D | |
| Stock Option (right to buy) | (5) | 02/27/2028 | Common Shares | 45,170 | 43.02(2) | D | |
| Stock Option (right to buy) | (6) | 02/21/2029 | Common Shares | 78,490 | 48.3(2) | D | |
| Performance Stock Units | (7) | (7) | Common Shares | 2,520(8) | (7) | D | |
| Performance Stock Units | (9) | (9) | Common Shares | 6,440(8) | (9) | D | |
| Performance Stock Units | (10) | (10) | Common Shares | 11,940(8) | (10) | D | |
| Restricted Stock Units | (11) | (11) | Common Shares | 4,960(8) | (11) | D | |
| Explanation of Responses: |
| 1. The options are fully vested. |
| 2. The exercise price is in Canadian dollars. |
| 3. The options were granted on February 29, 2016 and vest in four equal annual installments. |
| 4. The options were granted on February 28, 2017 and vest in four equal annual installments. |
| 5. The options were granted on February 27, 2018 and vest in four equal annual installments. |
| 6. The options were granted on February 21, 2019 and vest in four equal annual installments. |
| 7. The units were granted on January 1, 2017 and will vest on December 31, 2019. 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. |
| 8. Total includes the reinvestment of dividends. |
| 9. The units were granted on February 1, 2018 and have a three year performance period commencing on January 1, 2018 and ending on December 31, 2020. 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. |
| 10. 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. |
| 11. Each unit represents a contingent right to receive one Enbridge Common Share. The units were granted on May 15, 2018 and will vest as to 20% of the award on each of the first and second anniversaries of grant, with the remainder of such award vesting on the third anniversary grant, on the condition that the officer remain employed at Enbridge throughout that time. |
| Remarks: |
| Executive Vice President & Chief Financial Officer |
| /s/ Michelle Lowther, attorney-in-fact | 06/03/2019 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
