BALDWIN JOHN T 4
4 · CLEVELAND-CLIFFS INC. · Filed Apr 24, 2020
Insider Transaction Report
Form 4
BALDWIN JOHN T
Director
Transactions
- Award
Deferred Shares
2020-04-22+0→ 38,288.567 total→ Common Shares (27,397 underlying)
Footnotes (3)
- [F1]The Reporting Person has elected to defer his 2020 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 Amended and Restated 2014 Nonemployee Directors' Compensation Plan.
- [F3]Includes 376.567 deferred shares acquired since the Reporting Person's last report regarding deferred shares under dividend equivalents provisions.