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CLEVELAND-CLIFFS INC. — Director's Dealing 2011
Mar 17, 2011
30881_dirs_2011-03-17_ef3a1d2a-d295-493e-b809-3a74ff16d6e2.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: 2011-03-15
Reporting Person: Mee Terrence R (SVP Global Iron Ore & Metallic)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-15 | Common Stock | F | 25 | $85.82 | Disposed | 708 | Indirect |
| 2011-03-15 | Common Stock | D | 14 | $85.82 | Disposed | 694 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13180 | Direct |
Footnotes
F1: Represents a surrender of shares in payment of tax liability incurred on March 15, 2011, the date of a planned in-service distribution pursuant to the Cliffs Natural Resources Inc. 2005 Voluntary Nonqualified Compensation Plan ("VNQDC Plan").
F2: Reflects forfeiture of Bonus Match Shares to the Issuer pursuant to the terms of the VNQDC Plan as a result of a pre-vesting in-service distribution election.
F3: The balance includes an in-service distribution of 65 shares pursuant to the VNQDC Plan received into direct ownership from the VNQDC Plan.