SEC Form 4 · accession 0000764065-17-000045
CLEVELAND-CLIFFS INC. · CLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford T Smith
Officer — EVP, Business Development
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 5:35 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 | Feb 17, 2017 | F | 2,055 | $11.49 | D | 343,944 | D | |
| Common SharesF2 | Feb 21, 2017 | A | 25,114 | $0.00 | A | 369,058 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Surrender of shares in payment of tax liability incurred on February 17, 2017, the date of restricted stock units vesting to the Reporting Person granted in 2014.
- F2Reflects the number of restricted share units granted to the Reporting Person on February 21, 2017 from the Cliffs Natural Resources Inc. 2015 Equity and Incentive Compensation Plan. This grant vests on December 31, 2019.