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CLEVELAND-CLIFFS INC. — Director's Dealing 2011
Oct 5, 2011
30881_dirs_2011-10-05_a16bc6dc-dcce-4292-83dd-9fade04f1c4c.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: 2011-10-03
Reporting Person: Eldridge Barry J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-10-03 | Common Stock | A | 124.2236 | $48.30 | Acquired | 15758.3949 | Direct |
Footnotes
F1: Reflects the 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 under the Cliffs Natural Resources Inc. Nonemployee Directors' Compensation Plan. Full shares earned pursuant to the Plan in 2011 will be issued effective January 2, 2012.
F2: The Board of Directors of Cliffs Natural Resources Inc. declared dividends of $ 0.28 per share, payable to all holders of record as of August 15, 2011. The amount shown reflects 30.5807 shares credited on September 1, 2011 to the Reporting Person pursuant to the Dividend Reinvestment and Stock Purchase Plan.