SCHWARTZ ALAN G 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
SCHWARTZ ALAN G
Director
Transactions
- Award
Common Stock
2011-01-01$78.01/sh+64.094$5,000→ 18,201.609 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 first quarter of 2011 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan ("Plan"). Full shares earned pursuant to the Plan in 2011 will be issued effective January 2, 2012.
- [F2]The Board of Directors of Cliffs Natural Resources Inc. (the "Company") declared a dividend of $0.14 per share, payable to all holders of record as of November 19, 2010 of common stock payable on December 1, 2010. The amount shown reflects 48.6179 shares credited to the Reporting Person pursuant to the Company's Dividend Reinvestment and Stock Purchase Plan.