Maurice Harapiak - Dec 10, 2021 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP, HR & Chief Admin Officer
Signature
/s/ James D. Graham by Power of Attorney
Stock symbol
CLF
Transactions as of
Dec 10, 2021
Transactions value $
$0
Form type
4
Date filed
12/13/2021, 08:19 AM
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Options Exercise $195K +25.4K +6.51% $7.70 415K Dec 10, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLF Employee Stock Options (right-to-buy) Options Exercise -$195K -25.4K -100% $7.70 0 Dec 10, 2021 Common Shares 25.4K $7.70 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the exempt exercise of compensatory stock options. The Reporting Person is exercising these stock options with cash and holding all 25,384 shares.