CLEVELAND-CLIFFS INC. — Director's Dealing 2011

Sep 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2011-09-07

Reporting Person: Michaud James R (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-07	Common Stock	F	213	$81.46	Disposed	2827	Direct

Footnotes

F1: Surrender of shares in payment of tax liability incurred on September 7, 2011, the date of restricted stock vesting to the Reporting Person