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CLEVELAND-CLIFFS INC. Director's Dealing 2010

Oct 4, 2010

30881_dirs_2010-10-04_28c2556c-e2b1-476a-81e4-d033c47b2661.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: 2010-10-01

Reporting Person: GREEN SUSAN MIRANDA (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-01 Common Stock A 75.0976 $66.58 Acquired 7273.373 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 fourth 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: On July 13, 2010, Cliffs Natural Resources Inc. (the "Company") declared a dividend of $0.14 per share, payable to all holders of record as of August 13, 2010 of common stock payable on September 1, 2010. The amount shown reflects 4.7425 common shares acquired pursuant to a Dividend Reinvestment and Stock Purchase Plan for the Company's Common Stock.