SCHWARTZ ALAN G 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Jul 2, 2010
Insider Transaction Report
Form 4
SCHWARTZ ALAN G
Director
Transactions
- Award
Common Stock
2010-07-01$46.85/sh+106.724$5,000→ 25,460.974 total
Footnotes (2)
- [F1]Reflects number of Common Shares credited to the account of the Reporting Person in payment of the Reporting Person's Required Quarterly Retainer for the third quarter of 2010 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan("Plan"). Full shares earned pursuant to the Plan in 2010 will be issued effective January 2, 2011.
- [F2]The Board of Directors of Cliffs Natural Resources Inc. (the "Company") declared a dividend of $.14 per share, payable to all holders of record as of May 14, 2010 of common stock payable on June 1, 2010. The amount shown reflects 61.4588 shares credited to the Reporting Person pursuant to the Company's Dividend Reinvestment and Stock Purchase Plan.