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CLEVELAND-CLIFFS INC. Director's Dealing 2021

Dec 13, 2021

30881_dirs_2021-12-13_edcb8749-d9ab-4459-af42-793b839e7b9d.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: 2021-12-10

Reporting Person: Harapiak Maurice (EVP, HR & Chief Admin Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-10 Common Shares M 25384 $7.70 Acquired 415153 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-10 Employee Stock Options (right-to-buy) $7.7 M 25384 Disposed 2025-01-11 Common Shares (25384.0) Direct

Footnotes

F1: This transaction represents the exempt exercise of compensatory stock options. The Reporting Person is exercising these stock options with cash and holding all 25,384 shares.