Accession Number: | 0000764065-19-000169 |
Date: | 2019-10-01 |
Issuer: | CLEVELAND-CLIFFS INC. (CLF) |
Original Submission Date: |
TAYLOR DOUGLAS C
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND, OH 44114-2315
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON SHARES | 2019-10-01 | A | 1,595 | a | $7.17 | 126,906 | direct | ||
COMMON SHARES | 2019-10-01 | 0 | $0.00 | 28,150 | indirect | f3 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|
ID | footnote |
---|---|
f1 | reflects the number of common shares issued to the reporting person in payment of the reporting person's quarterly retainer in lieu of cash for the fourth quarter pursuant to the reporting person's election to participate in the cleveland-cliffs inc. nonemployee director retainer share election program. the reporting person elected to participate in the retainer election program at 25%. |
f2 | the amount shown includes 59.239 shares credited on july 15, 2019 to the reporting person pursuant to the issuer's dividend reinvestment plan for director restricted shares. |
f3 | these shares are held in a trust for the benefit of the reporting person's children. the reporting person's spouse is a trustee of the trust. the reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of section 16 or for any other purpose. |