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CLEVELAND-CLIFFS INC. — Director's Dealing 2012
May 10, 2012
30881_dirs_2012-05-10_c894c3c8-20b4-4e00-8995-063a668b5d02.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: 2012-05-08
Reporting Person: Kirsch James F (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-08 | Stock Units | $ | A | 1498 | Acquired | Common Shares () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1854.9424 | Direct |
Footnotes
F1: Convertible into Common Shares on a 1-for-1 basis.
F2: Reflects the number of Common Shares credited to the account of the Reporting Person on the Annual Meeting of Shareholders dated May 8, 2012 ("Annual Equity Grant"). The Reporting Person elected to defer the Annual Equity Grant acquired pursuant to the Issuer's Nonemployee Directors' Compensation Plan (the "Plan"). The aggregate number of Common Shares of underlying deferred compensation credited to the account of the Reporting Person pursuant to the Plan. Each Stock Unit is generally distributable following termination of service as a Director.