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CLEVELAND-CLIFFS INC. Director's Dealing 2011

Sep 16, 2011

30881_dirs_2011-09-16_5df201ff-587f-4ba6-816e-81da0a654ed6.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: 2011-09-14

Reporting Person: Carrabba Joseph A (Director, Chairman, Pres. & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-14	Common Stock	S	5000	$77.9872	Disposed	194869	Direct
2011-09-15	Common Stock	S	5000	$78.705	Disposed	189869	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6466	Indirect

Footnotes

F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 1, 2011.

F2: Held for the benefit of the Reporting Person by the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").