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CLEVELAND-CLIFFS INC. Director's Dealing 2018

Feb 23, 2018

30881_dirs_2018-02-23_64076652-b561-422d-9570-f7b661d0e8ec.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEVELAND-CLIFFS INC. (CLF)
CIK: 0000764065
Period of Report: 2018-02-21

Reporting Person: Mee Terrence R (EVP, Global Commercial)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-21 Common Shares A 16338 $7.53 Acquired 256725.543 Direct
2018-02-21 Common Shares F 4959 $7.53 Disposed 251766.543 Direct
2018-02-21 Common Shares A 29909 Acquired 281675.543 Direct

Footnotes

F1: Reflects a payout of performance shares for the 2015-2018 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan.

F2: Reflects the surrender of performance shares from the 2015-2018 performance period in payment of the related tax liability incurred by the Reporting Person as a result of the award.

F3: Reflects the number of restricted share units granted to the Reporting Person on February 21, 2018 from the Issuer's Amended and Restated 2015 Equity and Incentive Compensation Plan. This grant vests on December 31, 2020.