RALPH S. MICHAEL III - 10 Dec 2021 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role: Director
Signature: /s/ James D. Graham, By Power of Attorney
Issuer symbol: CLF
Transactions as of: 10 Dec 2021
Transactions value $: $201,060
Form type: 4
Filing time: 10 Dec 2021, 14:11:12 UTC
Previous filing: 17 Jun 2021
Next filing: 06 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLF	Common Shares	Purchase	$201K	+10K	+7.29%	$20.11	147K	10 Dec 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.10 to $20.11, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range.

Content

The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.10 to $20.11, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range.