BRAKE WILLIAM 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Feb 23, 2011
Insider Transaction Report
Form 4
BRAKE WILLIAM
EVP, Human & Tech. Resources
Transactions
- Award
Common Stock
2011-02-23+13,275→ 45,584 total - Tax Payment
Common Stock
2011-02-23$92.67/sh−5,751$532,945→ 39,833 total
Holdings
- 1(indirect: VNQDC)
Common Stock
Footnotes (3)
- [F1]Reflects a payout of performance shares for the 2008-2010 performance period earned under the Issuer's 2007 Incentive Equity Plan.
- [F2]Reflects the surrender of 4,785 performance shares and 966 restricted share units from the 2008-2010 performance period in payment of the related tax liability incurred by the Reporting Person as a result of the award.
- [F3]Held for the benefit of the Reporting Person by the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan (VNQDC).