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CLEVELAND-CLIFFS INC. — Director's Dealing 2010
Jul 2, 2010
30881_dirs_2010-07-02_2d1b0538-3bf3-44c1-9aaf-c662efea40aa.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: 2010-07-01
Reporting Person: SCHWARTZ ALAN G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-01 | Common Stock | A | 106.7236 | $46.85 | Acquired | 25460.9737 | 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 third quarter of 2010 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan("Plan"). Full shares earned pursuant to the Plan in 2010 will be issued effective January 2, 2011.
F2: The Board of Directors of Cliffs Natural Resources Inc. (the "Company") declared a dividend of $.14 per share, payable to all holders of record as of May 14, 2010 of common stock payable on June 1, 2010. The amount shown reflects 61.4588 shares credited to the Reporting Person pursuant to the Company's Dividend Reinvestment and Stock Purchase Plan.