Traci L. Forrester - 04 Jan 2022 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP, Environ & Sustainability
Signature
/s/ James D. Graham by Power of Attorney
Issuer symbol
CLF
Transactions as of
04 Jan 2022
Net transactions value
-$192,134
Form type
4
Filing time
06 Jan 2022, 20:01:30 UTC
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Award $0 +18,488 +17% $0.000000 125,610 04 Jan 2022 Direct F1
transaction CLF Common Shares Tax liability $192,134 -8,494 -6.8% $22.62 117,116 04 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a payout of performance shares for the 2019-2021 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended.
F2 Reflects the mandatory surrender of 5,659 shares underlying performance shares and 2,835 shares underlying restricted share units in payment of the related tax liability incurred on January 4, 2022.