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CLEVELAND-CLIFFS INC. — Director's Dealing 2011
Mar 10, 2011
30881_dirs_2011-03-10_8bd2b507-78e5-4712-81b2-90f7b120a525.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: 2011-02-23
Reporting Person: Graham James D (GC, Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-23 | Common Stock | A | 420 | $92.67 | Acquired | 1720 | Direct |
| 2011-02-23 | Common Stock | F | 194 | $92.67 | Disposed | 1526 | Direct |
| 2011-03-08 | Common Stock | A | 820 | $0.00 | Acquired | 2346 | Direct |
Footnotes
F1: Reflects a payout of performance shares for the 2008-2010 performance period earned under the Issuer's 2007 Incentive Equity Plan.
F2: Reflects the surrender of 151 performance shares and 43 restricted share units from the 2008-2010 performance period in payment of the related tax liability incurred by the Reporting Person as a result of the award.
F3: Reflects the number of restricted share units granted to the Reporting Person on March 8, 2011 for the Performance Period 2011 to 2013 from the Issuer's Amended and Restated Cliffs 2007 Incentive Equity Plan.