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4//SEC Filing

CALFEE WILLIAM R 4

Accession 0001209191-10-015080

CIK 0000764065other

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 5:43 PM ET

Size

10.6 KB

Accession

0001209191-10-015080

Insider Transaction Report

Form 4
Period: 2010-03-03
CALFEE WILLIAM R
Exec. V.P. Comm. N.Amer. Iron
Transactions
  • Award

    Common Stock

    2010-03-03$53.60/sh+16,830$902,08858,038 total
  • Tax Payment

    Common Stock

    2010-03-03$53.60/sh6,051$324,33451,987 total
  • Disposition to Issuer

    Retention Units 2007-2009

    2010-03-03$46.09/sh1,980$91,2580 total
    Common Shares (1,980 underlying)
Holdings
  • Common Stock

    (indirect: By VNQDC)
    39,968
Footnotes (5)
  • [F1]Reflects a payout in Common Stock of Performance Shares earned under the 2007 Cleveland-Cliffs Inc. Incentive Equity Plan (as Amended December 31, 2008) (Equity Plan) for the 2007-2009 Performance Period.
  • [F2]Surrender of Performance Shares represented in payment of the related tax liability incurred by the reporting person.
  • [F3]Held for the benefit of the Reporting Person by the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan (VNQDC).
  • [F4]Convertible into Common Shares on a 1-for-1 basis.
  • [F5]Represents a payout of retention units to the Reporting Person under the 2007 Equity Plan covering the period of January 1, 2007 to December 31, 2009 (Retention Period). Retention units are paid out to the Reporting Person in cash based on the market value price of the Common Shares of the Issuer on the last day of the Retention Period.

Issuer

CLIFFS NATURAL RESOURCES INC.

CIK 0000764065

Entity typeother

Related Parties

1
  • filerCIK 0001210452

Filing Metadata

Form type
4
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:43 PM ET
Size
10.6 KB