Clifford T. Smith - Jan 3, 2024 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP & President, CC Steel
Signature
/s/ James D. Graham by Power of Attorney
Stock symbol
CLF
Transactions as of
Jan 3, 2024
Transactions value $
-$575,786
Form type
4
Date filed
1/5/2024, 05:34 PM
Previous filing
Feb 23, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Award $0 +34K +4.88% $0.00 729K Jan 3, 2024 Direct F1
transaction CLF Common Shares Tax liability -$576K -29.3K -4.02% $19.64 700K Jan 3, 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 11,829 shares underlying performance shares and 17,488 shares underlying restricted share units in payment of the related tax liability incurred on January 3, 2024.