Form 4 for CLF CLEVELAND-CLIFFS INC.
Accepted 2024-01-05 00:00:00 ET · period of report 2024-01-03 · accession 0000764065-24-000023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-01-05 | 2024-01-03 | CLF | GONCALVES LOURENCO | COB, Pres, CEO, Dir | A - Grant | $0.00 | +137.7K | 2.60M | +6% | $0 | |
| 2024-01-05 | 2024-01-03 | CLF | GONCALVES LOURENCO | COB, Pres, CEO, Dir | F - Tax | $19.64 | -133.3K | 2.47M | -5% | -$2.62M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2024-01-03 | A | A | 137,670 | $0.00 | 2,602,555 | D | — | — | (F1) Reflects a payout of performance shares for the 2021-2023 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended. (F2) Reflects the exempt change in form of beneficial ownership for 2,101,200 Issuer common shares received by the Reporting Person from a 2022 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. (F3) Reflects the Reporting Person's exempt contribution of 2,101,200 Issuer common shares to a 2023 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares, described in footnote two, were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. |
| 2 | Common | Common Shares | 2024-01-03 | F | D | 133,317 | $19.64 | 2,469,238 | D | — | — | (F4) Reflects the mandatory surrender of 62,434 shares underlying performance shares and 70,883 shares underlying restricted share units in payment of the related tax liability incurred on January 3, 2024. (F2) Reflects the exempt change in form of beneficial ownership for 2,101,200 Issuer common shares received by the Reporting Person from a 2022 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. (F3) Reflects the Reporting Person's exempt contribution of 2,101,200 Issuer common shares to a 2023 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares, described in footnote two, were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. |