Celso L. Goncalves Jr - May 1, 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: May 1, 2023
Transactions value $: $98,697
Form type: 4
Date filed: 5/1/2023, 10:27 AM
Previous filing: Feb 23, 2023
Next filing: Jan 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLF	Common Shares	Purchase	$98.7K	+6.5K	+2.81%	$15.18	238K	May 1, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.184 to $15.190, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range.

Content

The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.184 to $15.190, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range.