secwatch.observer — SEC 8-K summary
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Issuer:     CLEVELAND-CLIFFS INC. (CLF)
CIK:        0000764065
Form:       8-K
Filed at:   2022-04-22T23:59:59+00:00
Accession:  0000764065-22-000077
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cleveland-Cliffs EVP Human Resources & Chief Admin Officer Harapiak departs effective April 22, 2022
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- Maurice D. Harapiak leaves role as EVP Human Resources & Chief Administration Officer and employee as of April 22, 2022.
- Compensation committee grants accelerated vesting of 2020 restricted stock units contingent on release of claims.
- 2020 performance shares and performance cash awards will continue vesting on non-pro-rated basis as if employment did not terminate.
- Company and Harapiak are negotiating a separation agreement; additional 8-K to be filed if finalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764065/000076406522000077/0000764065-22-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764065/000076406522000077/clf-20220422.htm
  HTML page:      https://secwatch.observer/filing/0000764065-22-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer