Home/Filings/4/0001209191-09-026302
4//SEC Filing

IRELAND JAMES D III 4

Accession 0001209191-09-026302

CIK 0000764065other

Filed

May 12, 8:00 PM ET

Accepted

May 13, 5:06 PM ET

Size

8.6 KB

Accession

0001209191-09-026302

Insider Transaction Report

Form 4
Period: 2009-05-12
Transactions
  • Award

    Common Stock

    2009-05-12$58.89/sh+2,596$152,87825,690 total
Holdings
  • Common Stock

    (indirect: By Trust)
    349,592
  • Stock Units

    Common Shares (23,150.667 underlying)
    23,150.668
Footnotes (6)
  • [F1]Reflects the number of restricted shares credited to the account of the Reporting Person as the Annual Equity Grant pursuant to the Cliffs Natural Resources Inc. Non-Employee Directors' Compensation Plan (as Amended and Restated December 31, 2008).
  • [F2]The shares represented are held in five trusts for the benefit of siblings and the Reporting Person who is a co-trustee of the trusts. The Reporting Person disclaims beneficial ownership of 255,894 of these shares. The Reporting Person has an interest in the income or corpus with respect to 93,698 shares.
  • [F3]Convertible into Common Shares on a 1-for-1 basis.
  • [F4]Reflects number of Common Shares underlying deferred compensation credited to the account of the Reporting Person pusuant to the dividend reinvestment feature of the Plan. Each Stock Unit is generally distributable following termination of service as a Director.
  • [F5]The Reporting Person was credited with 111.0116 of dividend reinvestment shares acquired on March 31, 2009 pursuant to the Plan.
  • [F6]The total includes dividend reinvestment pursuant to the Nonemployee Directors' Compensation Plan (as Amended and Restated December 31, 2008) ("Plan"). The number of deferred dividend reinvestment equivalent shares earned in the Plan is calculated using the closing market price at the end of each quarter for shares held in the Plan. The reporting person was credited with 111.0116 dividend reinvestment shares on 3/31/2009.

Issuer

CLIFFS NATURAL RESOURCES INC.

CIK 0000764065

Entity typeother

Related Parties

1
  • filerCIK 0001221381

Filing Metadata

Form type
4
Filed
May 12, 8:00 PM ET
Accepted
May 13, 5:06 PM ET
Size
8.6 KB