0000764065-24-000023.txt : 20240105 0000764065-24-000023.hdr.sgml : 20240105 20240105173322 ACCESSION NUMBER: 0000764065-24-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240103 FILED AS OF DATE: 20240105 DATE AS OF CHANGE: 20240105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GONCALVES LOURENCO CENTRAL INDEX KEY: 0001236128 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08944 FILM NUMBER: 24517648 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CLEVELAND-CLIFFS INC. CENTRAL INDEX KEY: 0000764065 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 341464672 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 PUBLIC SQUARE STREET 2: STE. 3300 CITY: CLEVELAND STATE: OH ZIP: 44114-2315 BUSINESS PHONE: 216-694-5700 MAIL ADDRESS: STREET 1: 200 PUBLIC SQUARE STREET 2: STE. 3300 CITY: CLEVELAND STATE: OH ZIP: 44114-2315 FORMER COMPANY: FORMER CONFORMED NAME: CLIFFS NATURAL RESOURCES INC. DATE OF NAME CHANGE: 20081015 FORMER COMPANY: FORMER CONFORMED NAME: CLEVELAND CLIFFS INC DATE OF NAME CHANGE: 19920703 4 1 wk-form4_1704493993.xml FORM 4 X0508 4 2024-01-03 0 0000764065 CLEVELAND-CLIFFS INC. CLF 0001236128 GONCALVES LOURENCO 200 PUBLIC SQUARE SUITE 3300 CLEVELAND OH 44114-2315 1 1 0 0 Chairman, President & CEO 0 Common Shares 2024-01-03 4 A 0 137670 0 A 2602555 D Common Shares 2024-01-03 4 F 0 133317 19.64 D 2469238 D Common Shares 898800 I By 2022 grantor retained annuity trust Common Shares 2101200 I By 2023 grantor retained annuity trust Reflects a payout of performance shares for the 2021-2023 performance period earned under the Issuer's 2015 Equity and Incentive Compensation Plan, as amended. Reflects the exempt change in form of beneficial ownership for 2,101,200 Issuer common shares received by the Reporting Person from a 2022 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. Reflects the Reporting Person's exempt contribution of 2,101,200 Issuer common shares to a 2023 grantor retained annuity trust since the date of the Reporting Person's last filed Form 4. These 2,101,200 Issuer common shares, described in footnote two, were previously reflected as being held indirectly through the 2022 grantor retained annuity trust. Reflects the mandatory surrender of 62,434 shares underlying performance shares and 70,883 shares underlying restricted share units in payment of the related tax liability incurred on January 3, 2024. /s/ James D. Graham by Power of Attorney 2024-01-05