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CLEVELAND-CLIFFS INC. — Director's Dealing 2012
Feb 29, 2012
30881_dirs_2012-02-29_5d2bfa41-bb32-4bab-aa26-067c7bd2c884.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: 2012-02-27
Reporting Person: TOMPKINS P KELLY (EVP Legal Govt. Aff.& Sustain.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-27 | Common Stock | A | 2197 | $66.61 | Acquired | 3580 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11850 | Direct |
Footnotes
F1: The amount represents an exchange of a portion of the Reporting Person's 2011 cash bonus for 1,758 shares of Cliffs Natural Resources Inc. Common Shares on a deferred basis (Exchange Shares) under the Issuer's 2005 Voluntary Nonqualified Deferred Compensation Plan ("VNQDC Plan"). An additional 439 deferred shares (Match Shares) were credited to the account of the Reporting Person into the VNQDC Plan equal to 25 percent of the market value of the Exchanged Shares on the deferral date of the bonus payment pursuant to the VNQDC Plan.
F2: Balance shown reflects 5 and 6 shares acquired September 1, 2011 and December 1, 2011, respectively, pursuant to the dividend reinvestment feature of the VNQDC Plan.