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CLEVELAND-CLIFFS INC. Director's Dealing 2015

May 28, 2015

30881_dirs_2015-05-28_02c54eb1-5fb8-4138-a6bd-eb306463de4b.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: 2015-05-26

Reporting Person: Flanagan Timothy K (VP, Corp Controller & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-26 Common Shares A 20000 Acquired 44022 Direct

Footnotes

F1: Reflects the number of restricted stock units granted to the Reporting Person on May 26, 2015 under the the Cliffs Natural Resources Inc. 2015 Equity and Incentive Compensation Plan.

F2: Balance shown reflects 24 shares acquired December 1, 2014, pursuant to the Dividend Reinvestment and Stock Purchase Plan.