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CLEVELAND-CLIFFS INC. Director's Dealing 2022

Jan 6, 2022

30881_dirs_2022-01-06_723aa645-f6fc-43ab-9bd7-85f603325786.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: 2022-01-04

Reporting Person: Graham James D (EVP, Chief Legal Officer & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-04	Common Shares	A	51668	—	Acquired	403041.792	Direct
2022-01-04	Common Shares	F	32239	$22.62	Disposed	370802.792	Direct

Footnotes

F1: Reflects a payout of performance shares for the 2019-2021 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended.

F2: Reflects the mandatory surrender of 20,956 shares underlying performance shares and 11,283 shares underlying restricted share units in payment of the related tax liability incurred on January 4, 2022.