SEC Form 4 · accession 0000764065-19-000042
CLEVELAND-CLIFFS INC. · CLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lourenco Goncalves
Officer — Chairman, President & CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:08 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 | Feb 19, 2019 | F | 547,241 | $11.24 | D | 3,028,373 | D | |
| Common SharesF2 | Feb 19, 2019 | A | 199,362 | $0.00 | A | 3,227,735 | 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 19, 2019, the date of restricted share units vesting to the Reporting Person that were granted on February 23, 2016.
- F2Reflects the number of restricted share units granted to the Reporting Person on February 19, 2019 from the Issuer's Amended and Restated 2015 Equity and Incentive Compensation Plan. This grant vests on December 31, 2021.