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CLEVELAND-CLIFFS INC. Director's Dealing 2017

Feb 22, 2017

30881_dirs_2017-02-22_174df437-9d31-4ce7-a35b-1dbb0f8680bd.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: 2017-02-17

Reporting Person: Graham James D (EVP, Chief Legal Officer & Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-17 Common Shares F 1338 $11.49 Disposed 267588.792 Direct
2017-02-21 Common Shares A 23051 Acquired 290639.792 Direct

Footnotes

F1: Surrender of shares in payment of tax liability incurred on February 17, 2017, the date distribution of vested restricted stock units to the Reporting Person granted in 2014.

F2: Reflects the number of restricted share units granted to the Reporting Person on February 21, 2017 from the Cliffs Natural Resources Inc. 2015 Equity and Incentive Compensation Plan. This grant vests on December 31, 2019.