Smith Clifford T 4
4 · CLEVELAND-CLIFFS INC. · Filed Jan 6, 2022
Insider Transaction Report
Form 4
Smith Clifford T
EVP & Chief Operating Officer
Transactions
- Award
Common Shares
2022-01-04+91,548→ 597,495 total - Tax Payment
Common Shares
2022-01-04$22.62/sh−60,875$1,376,993→ 536,620 total
Footnotes (2)
- [F1]Reflects a payout of performance shares for the 2019-2021 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended.
- [F2]Reflects the mandatory surrender of 40,647 shares underlying performance shares and 20,228 shares underlying restricted share units in payment of the related tax liability incurred on January 4, 2022.