SEC Form 4 · accession 0000764065-16-000167
CLEVELAND-CLIFFS INC. · CLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel Stoliar
Director
Period of report
Jan 1, 2016
Accepted (ET)
Jan 6, 2016 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764065
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 1, 2016 | A | 15,823 | $1.58 | A | 72,013 | D | |
| Common SharesF2 | Jan 1, 2016 | F | 4,747 | $1.58 | D | 67,266 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the first quarter pursuant to the reporting person's election to participate in the Cliffs Natural Resources Inc. Nonemployee Director Retainer Share Election Program. The reporting person elected to participate in the Retainer Election Program at 100%.
- F2Surrender of shares in payment of tax liability in connection with the reporting person's participation in the Retainer Election Program.