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CLEVELAND-CLIFFS INC. — Director's Dealing 2016
Jan 6, 2016
30881_dirs_2016-01-06_e8bcd4bf-c7ed-4b21-acc0-91e173ba5c98.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: 2016-01-01
Reporting Person: SIEGAL MICHAEL D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-01 | Common Shares | A | 3956 | $1.58 | Acquired | 23614 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 16700 | Indirect |
| Depositary Shares | 2500 | Indirect |
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 first 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 25%.
F2: Depositary shares each representing 1/40th interest in a share of the Issuer's 7.00% Series A Mandatory Convertible Preferred Stock.