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CLEVELAND-CLIFFS INC. Director's Dealing 2010

Mar 10, 2010

30881_dirs_2010-03-10_8d0fe05d-7352-41ba-83d8-253ce47705f1.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: 2010-03-08

Reporting Person: Boor William C (Sr. Vice Pres., Bus. Devel.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-08 Common Stock A 2380 $0.00 Acquired 25656.2775 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 16577 Indirect

Footnotes

F1: Reflects the number of restricted stock units granted to the Reporting Person on March 8, 2010 for the Performance Period January, 2010 to December, 2012.

F2: The Board of Directors of Cliffs Natural Resources Inc. (the "Company") declared a dividend of $0.0875 per share, payable to all holders of record as of February 16, 2010 of common stock payable on March 1, 2010. The amount shown reflects 7.0166 shares credited to the Reporting Person pursuant to the Company's Dividend Reinvestment and Stock Purchase Plan.

F3: Held for the benefit of the Reporting Person by the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan (VNQDC).