CLEVELAND CLIFFS INC 4
4 · CLEVELAND CLIFFS INC · Filed Dec 22, 2004
Insider Transaction Report
Form 4
IRELAND JAMES D III
Director
Transactions
- Exercise/Conversion
Common Stock
2004-12-21$39.44/sh+500$19,719→ 3,411 total - Tax Payment
Common Stock
2004-12-21$104.24/sh−389$40,549→ 3,522 total - Exercise/Conversion
Options (right-to-buy)
2004-12-21−500→ 0 totalExercise: $39.44From: 1995-11-09Exp: 2005-05-09→ Common Shares (500 underlying) - Exercise/Conversion
Options (right-to -buy)
2004-12-21−500→ 0 totalExercise: $41.69From: 1996-11-14Exp: 2006-05-14→ Common Shares (500 underlying)
Holdings
- 58,599(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Reflects shares delivered in payment of exercise price.
- [F2]Reflects common shares held in five trusts for the benefit of siblings and the Reporting Person who is co-trustee of the trusts. The Reporting Person disclaims beneficial ownership of 43,949.25 of these shares. The Reporting Person has an interest in the income or corpus with respect to 14,649.75 shares.