Keith Koci - 03 Jan 2024 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP & President, CC Services
Signature
/s/ James D. Graham by Power of Attorney
Issuer symbol
CLF
Transactions as of
03 Jan 2024
Net transactions value
-$291,261
Form type
4
Filing time
05 Jan 2024, 17:34:38 UTC
Previous filing
27 Apr 2023
Next filing
23 Feb 2024
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 +19,926 +5.2% $0.000000 403,284 03 Jan 2024 Direct F1
transaction CLF Common Shares Tax liability $291,261 -14,830 -3.7% $19.64 388,454 03 Jan 2024 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 2021-2023 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended.
F2 Reflects the mandatory surrender of 6,048 shares underlying performance shares and 8,782 shares underlying restricted share units in payment of the related tax liability incurred on January 3, 2024.