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CLEVELAND-CLIFFS INC. — Director's Dealing 2010
Mar 9, 2010
30881_dirs_2010-03-09_92d8df6f-ba7f-4e83-9f74-02d5cb568374.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-03-09
Reporting Person: BLAKE DAVID B (SVP, Oper. N. Amer. Iron Ore)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9124 | Direct |
| Common Stock | 382 | Indirect |
Footnotes
F1: The total represents shares earned as Performance Shares (3,759 shares) and Restricted Stock Units (5,365 Units) granted and/or awarded to the the Reporting Person from the Cleveland-Cliffs Inc 1992 Incentive Equity Plan or the 2007 Incentive Equity Plan (as Amended and Restated December 31, 2008).
F2: The amount represents an exchange of all or a portion of the Reporting Person's cash bonus for Cliffs Natural Resources Inc. (Company) Common Shares on a deferred basis (Bonus Exchange and Match Shares) under the Company's 2005 Voluntary Nonqualified Deferred Compensation Plan (VNQDC).
F3: Held for the benefit of the Reporting Person by the Company's VNQDC.