SEC Form 3
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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Sayavedra Laura Buss

(Last) (First) (Middle)
C/O ENBRIDGE INC.
200, 425 - 1 STREET SW

(Street)
CALGARY A0 T2P 3L8

(City) (State) (Zip)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 23,714 D
Common Shares 5,754 I Held Indirectly through T. Rowe Price 401(K)
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) 02/27/2028 Common Shares 15,280 $33.97 D
Stock Option (right to buy) (2) 02/21/2029 Common Shares 42,210 $36.71 D
Phantom Stock Units (3) (3) Common Shares 4,182 (3) D
Performance Stock Units (4) (4) Common Shares 2,690 (4) D
Performance Stock Units (5) (5) Common Shares 8,100 (5) D
Explanation of Responses:
1. The options were granted on February 27, 2018 and vest in four equal annual installments.
2. The options were granted on February 21, 2019 and vest in four equal annual installments.
3. The units were granted on February 14, 2017 under the Spectra Energy Corp. Long Term Incentive Plan, as amended and restated, and will vest on February 14, 2020. In connection with the merger of Spectra Energy Corp. and Enbridge Inc. in February 2017, the units were converted into an award denominated in Enbridge Common Shares. The units will be settled 50% in cash (based on the price of Enbridge Common Shares) and 50% in Enbridge Common Shares.
4. 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.
5. 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.
Remarks:
Senior Vice President, Projects, Safety & Reliability and ERP
/s/ Michelle Lowther, attorney-in-fact 06/04/2019
** 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.