4//SEC Filing
GONCALVES LOURENCO 4
Accession 0000764065-21-000187
CIK 0000764065other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 10:02 AM ET
Size
7.1 KB
Accession
0000764065-21-000187
Insider Transaction Report
Form 4
GONCALVES LOURENCO
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Employee Stock Options (right-to-buy)
2021-08-20−250,000→ 0 totalExercise: $13.83Exp: 2021-11-17→ Common Shares (250,000 underlying) - Exercise/Conversion
Common Shares
2021-08-20$13.83/sh+250,000$3,457,500→ 4,598,592 total
Footnotes (2)
- [F1]This transaction represents the exempt exercise of compensatory stock options, the expiration date of which is November 17, 2021. The Reporting Person is exercising these stock options with cash and holding all 250,000 shares to avoid forfeiture of such stock options at their upcoming expiration.
- [F2]The option vested in three equal annual installments beginning on December 31, 2015.
Documents
Issuer
CLEVELAND-CLIFFS INC.
CIK 0000764065
Entity typeother
Related Parties
1- filerCIK 0001236128
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 10:02 AM ET
- Size
- 7.1 KB