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CLEVELAND-CLIFFS INC. — Director's Dealing 2012
May 10, 2012
30881_dirs_2012-05-10_87812bac-f89a-4d7f-8c25-81213a4f8166.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: Ross Richard Andrew (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-08 | Common Stock | A | 1498 | $0.00 | Acquired | 6034.7985 | Direct |
Footnotes
F1: Reflects the number of restricted shares granted to the Reporting Person as the Annual Equity Grant on May 8, 2012, the date of the Annual Meeting of Shareholders, pursuant to the Nonemployee Directors' Compensation Plan (the "Plan").
F2: The amount reflects 4.9614 and 5.2808 shares of Restricted Stock acquired on December 1, 2011 and March 1, 2012, respectively, pursuant to a dividend reinvestment feature of the Issuer's the Plan. The Board of Directors of Cliffs Natural Resources Inc. declared dividends of $0.28 per share, payable to all holders of record as of November 18, 2011 and February 15, 2012, respectively. The amount also reflects 0.0950 shares credited on March 1, 2012 to the Reporting Person pursuant to the Dividend Reinvestment and Stock Purchase Plan.