BLAKE DAVID B 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Feb 23, 2011
Insider Transaction Report
Form 4
BLAKE DAVID B
SVP, Oper. N. Amer. Iron Ore
Transactions
- Tax Payment
Common Stock
2011-02-23$92.67/sh−1,438$133,259→ 11,286 total - Award
Common Stock
2011-02-23+3,600→ 12,724 total
Footnotes (2)
- [F1]Reflects a payout in common stock of performance shares earned under the Issuer's 2007 Incentive Equity Plan from the 2008-2010 performance period and deferred under the Issuer's voluntary Nonqualified Deferred Compensation Plan (the VNQDC Plan)
- [F2]Reflects the surrender of 1,150 performance shares and 288 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.