X0306
4
2019-03-29
0
0001075607
TC PIPELINES LP
TCP
0001304420
Mirosh Walentin
700 LOUISIANA STREET
HOUSTON
TX
77002-2700
1
0
0
0
Deferred Share Units
2019-03-29
4
A
0
535
37.36
A
Common units representing limited partner interest
535
18276
D
Upon termination of service as a director, Deferred Share Units ("DSUs") recorded in the reporting person's account will be settled, at the reporting person's election, in common units representing a limited partner interest in TC PipeLines, LP ("Common Units") at no additional cost on a 1 for 1 basis or in cash of equivalent value, less any applicable withholdings.
The DSUs are immediately fully vested and are redeemable only following Mr. Mirosh's termination of Board service.
Represents the automatic grant of DSUs made to Mr. Mirosh on a quarterly basis as part of his annual board compensation. The number of DSUs is calculated based on the Fair Market Value of the Common Units on the last trading day of the quarterly payment period.
/s/ Jon A. Dobson, Attorney-in-Fact for Walentin Mirosh
2019-04-01