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CLEVELAND-CLIFFS INC. — Director's Dealing 2010
Jan 5, 2010
30881_dirs_2010-01-05_3166b3c3-e528-408a-95d8-73a5214ac9e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-01-04
Reporting Person: SCHWARTZ ALAN G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-04 | Common Stock | A | 108.4834 | $46.09 | Acquired | 23868.9785 | Direct |
Footnotes
F1: Reflects number of Common Shares credited to the account of the Reporting Person in payment of the Reporting Person's Required Quarterly Retainer for the first quarter of 2010 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan.("Plan") Full shares earned in 2010 will be issued effective January 2, 2011.
F2: On November 9, 2009, Cliffs Natural Resources Inc. (the "Company") declared a dividend of $.0875 per share, payable to all holders of record as of November 20, 2009 of common stock payable on December 1, 2009. The amount shown reflects 41.2425 shares acquired pursuant to a Dividend Reinvestment and Stock Purchase Plan for the Company's Common Stock.