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CLEVELAND-CLIFFS INC. — Director's Dealing 2016
Apr 5, 2016
30881_dirs_2016-04-05_a1199dfa-f3f2-440d-86de-0e82aea24842.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: 2016-04-01
Reporting Person: Stoliar Gabriel (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-01 | Common Shares | A | 8361 | $2.99 | Acquired | 75627 | Direct |
| 2016-04-01 | Common Shares | F | 2508 | $2.99 | Disposed | 73119 | Direct |
Footnotes
F1: Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the second quarter pursuant to the Reporting Person's election to participate in the Cliffs Natural Resources Inc. Nonemployee Director Retainer Share Election Program. The Reporting Person elected to participate in the Retainer Election Program at 100%.
F2: Surrender of shares in payment of tax liability in connection with the Reporting Person's participation in the Retainer Election Program.