Douglas C. Taylor - 07 Jun 2022 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
07 Jun 2022
Net transactions value
-$1,148,427
Form type
4
Filing time
08 Jun 2022, 17:35:02 UTC
Previous filing
06 May 2022
Next filing
06 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLF Common Shares Sale $650,918 -28,150 -100% $23.12 0 07 Jun 2022 Douglas C. Taylor 2005 Family Trust F1, F2
transaction CLF Common Shares Sale $497,509 -21,850 -12% $22.77 156,974 08 Jun 2022 Direct F3
* 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 $23.075 to $23.18, 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.
F2 These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is a trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.70 to $22.86, 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.