John T. Baldwin - Apr 23, 2025 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role
Director
Signature
/s/ James D. Graham by Power of Attorney
Stock symbol
CLF
Transactions as of
Apr 23, 2025
Transactions value $
$0
Form type
4
Date filed
4/25/2025, 05:32 PM
Previous filing
Mar 10, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLF Deferred Shares Award $0 +18.6K +27.58% $0.00 85.9K Apr 23, 2025 Common Shares 18.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has elected to defer his 2025 Director Restricted Shares (the "Deferred Shares").
F2 Each Deferred Share is the economic equivalent of one Issuer common share. The Deferred Shares become payable in common stock in accordance with the Reporting Person's deferral election and the terms of the 2021 Nonemployee Directors' Compensation Plan.