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CLEVELAND-CLIFFS INC. — Director's Dealing 2020
Apr 24, 2020
30881_dirs_2020-04-24_5a7aa2ca-78e8-48fa-8c45-ee35d2fdcd9b.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: 2020-04-22
Reporting Person: Rychel Eric M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-22 | Deferred Shares | $ | A | 0 | Acquired | Common Shares (27397.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 28830.043 | Direct |
Footnotes
F1: Update includes 985.043 additional shares resulting from dividend reinvestments.
F2: The Reporting Person has elected to defer his 2020 Director Restricted Shares (the "Deferred Shares").
F3: 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 Amended and Restated 2014 Nonemployee Directors' Compensation Plan.
F4: Includes 1,503.224 deferred shares acquired since the Reporting Person's last report regarding deferred shares under dividend equivalents provisions.