Rychel Eric M 4
4 · CLEVELAND-CLIFFS INC. · Filed Apr 30, 2021
Insider Transaction Report
Form 4
Rychel Eric M
Director
Transactions
- Award
Deferred Shares
2021-04-28+6,539→ 74,090.971 total→ Common Shares (6,539 underlying)
Footnotes (3)
- [F1]The Reporting Person has elected to defer his 2021 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 2021 Nonemployee Directors' Compensation Plan.
- [F3]Includes 431.774 deferred shares acquired since the Reporting Person's last report regarding deferred shares under dividend equivalents provisions.