Lourenco Goncalves - May 1, 2024 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role: Chairman, President & CEO, Director
Signature: /s/ James D. Graham by Power of Attorney
Stock symbol: CLF
Transactions as of: May 1, 2024
Transactions value $: $1,005,666
Form type: 4
Date filed: 5/1/2024, 03:49 PM
Previous filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLF	Common Shares	Purchase	$1.01M	+60K	+2.22%	$16.76	2.76M	May 1, 2024	Direct	F1
holding	CLF	Common Shares						899K	May 1, 2024	By 2022 grantor retained annuity trust
holding	CLF	Common Shares						2.1M	May 1, 2024	By 2023 grantor retained annuity trust

* 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 $16.735 to $16.77, 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 $16.735 to $16.77, 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.