Celso L. Goncalves Jr - Jan 4, 2023 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP, CFO
Signature
/s/ James D. Graham by Power of Attorney
Stock symbol
CLF
Transactions as of
Jan 4, 2023
Transactions value $
-$347,234
Form type
4
Date filed
1/6/2023, 04:11 PM
Previous filing
Aug 17, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Award $0 +36.2K +23.44% $0.00 190K Jan 4, 2023 Direct F1
transaction CLF Common Shares Tax liability -$347K -20.2K -10.6% $17.20 170K Jan 4, 2023 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 2020-2022 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended.
F2 Reflects the mandatory surrender of 10,978 shares underlying performance shares and 9,210 shares underlying restricted share units in payment of the related tax liability incurred on January 4, 2023.