Douglas C. Taylor - Apr 1, 2022 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
Director
Signature
/s/ James D. Graham by Power of Attorney
Stock symbol
CLF
Transactions as of
Apr 1, 2022
Transactions value $
$17,507
Form type
4
Date filed
4/4/2022, 04:06 PM
Previous filing
Jan 5, 2022
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Award $17.5K +541 +0.31% $32.36 174K Apr 1, 2022 Direct F1
holding CLF Common Shares 28.2K Apr 1, 2022 Douglas C. Taylor 2005 Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the second quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. Nonemployee Director Retainer Share Election Program. The Reporting Person elected to participate in the Retainer Election Program at 25%.
F2 These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is a trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.