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CLEVELAND-CLIFFS INC. — Director's Dealing 2014
Nov 13, 2014
30881_dirs_2014-11-13_63d42d7d-584a-4846-9c47-55d3353e8e2f.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: 2014-08-06
Reporting Person: Smith Clifford T (EVP, Seaborne Iron Ore)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-06 | Common Shares | J | 15979.93 | $17.15 | Disposed | 0 | Indirect |
| 2014-08-06 | Common Shares | J | 15979.93 | $17.15 | Acquired | 55628.93 | Direct |
| 2014-08-06 | Common Shares | F | 1206.93 | $17.15 | Disposed | 54422 | Direct |
Footnotes
F1: Reflects an immediate distribution of the deferred shares from direct ownership to indirect ownership pursuant to a trigger of the change in control provision of the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").
F2: Held for the benefit of the Reporting Person by the VNQDC.
F3: Reflects the surrender of shares in payment of the related tax liability incurred by the Reporting Person as a result of the immediate distribution of deferred shares triggered by the change in control provision of the VNQDC.