Accession Number: | 0000764065-20-000022 |
Date: | 2020-01-23 |
Issuer: | CLEVELAND-CLIFFS INC. (CLF) |
Original Submission Date: |
GONCALVES LOURENCO
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND, OH 44114-2315
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON SHARES | 2020-01-23 | A | 290,566 | a | $0.00 | 3,528,301 | direct | ||
COMMON SHARES | 2020-01-23 | F | 193,861 | d | $7.45 | 3,334,440 | direct | ||
COMMON SHARES | 2020-01-23 | A | 498,212 | a | $0.00 | 3,832,652 | direct | ||
COMMON SHARES | 2020-01-23 | F | 467,055 | d | $7.45 | 3,365,597 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | reflects a payout of performance shares for the 2017-2019 performance period earned under the issuer's 2015 equity and incentive compensation plan, as amended. |
f2 | reflects the mandatory surrender of 112,116 shares underlying performance shares and 81,745 shares underlying restricted share units in payment of the related tax liability incurred on january 23, 2020. |
f3 | reflects a payout of performance shares for the june 2017 to december 2019 performance period earned under the issuer's amended and restated 2015 equity and incentive compensation plan. |
f4 | reflects the mandatory surrender of 225,940 shares underlying performance shares and 241,115 shares underlying restricted share units in payment of the related tax liability incurred on january 23, 2020. |