BALDWIN JOHN T. - 23 Apr 2025 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
Director
Signature
/s/ James D. Graham by Power of Attorney
Issuer symbol
CLF
Transactions as of
23 Apr 2025
Net transactions value
$0
Form type
4
Filing time
25 Apr 2025, 17:32:25 UTC
Previous filing
10 Mar 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLF Deferred Shares Award $0 +18,567 +28% $0.000000 85,896 23 Apr 2025 Common Shares 18,567 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has elected to defer his 2025 Director Restricted Shares (the "Deferred Shares").
F2 Each Deferred Share is the economic equivalent of one Issuer common share. The Deferred Shares become payable in common stock in accordance with the Reporting Person's deferral election and the terms of the 2021 Nonemployee Directors' Compensation Plan.