CLIFFS NATURAL RESOURCES INC. 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Nov 13, 2014
Insider Transaction Report
Form 4
TOMPKINS P KELLY
EVP Legal Govt. Aff.& Sustain.
Transactions
- Other
Common Shares
2014-08-06$17.15/sh+3,956.357$67,852→ 59,235.357 total - Tax Payment
Common Shares
2014-11-11$10.76/sh−5,125$55,145→ 53,318.685 total - Other
Common Shares
2014-08-06$17.15/sh−3,956.357$67,852→ 0 total(indirect: VNQDC) - Tax Payment
Common Shares
2014-08-06$17.15/sh−791.672$13,577→ 58,443.685 total
Footnotes (5)
- [F1]Reflects an immediate distribution of the deferred shares from indirect ownership to direct 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 an immediate distribution of the deferred shares from indirect ownership to direct ownership pursuant to a trigger of the change in control provision of the VNQDC.
- [F4]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.
- [F5]Surrender of shares in payment of tax liability incurred on November 11, 2014, the date of restricted share units vesting to the Reporting Person.