Smith Clifford T. - 03 Jan 2025 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
EVP & Chief Operating Officer
Signature
/s/ James D. Graham by Power of Attorney
Issuer symbol
CLF
Transactions as of
03 Jan 2025
Net transactions value
-$135,556
Form type
4
Filing time
07 Jan 2025, 19:07:53 UTC
Previous filing
08 Mar 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Tax liability $135,556 -14,269 -2.5% $9.50 555,840 03 Jan 2025 Direct F1
holding CLF Common Shares 200,000 03 Jan 2025 By grantor retained annuity trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the mandatory surrender of shares underlying restricted share units in payment of the related tax liability incurred on January 3, 2025 in connection with payout of the restricted share units.
F2 Reflects the Reporting Person's contribution of Issuer common shares to a grantor retained annuity trust since the date of the Reporting Person's last Section 16 report. These shares were previously reflected on the Reporting Person's Section 16 reports as being directly held.