SCHWARTZ ALAN G 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Jan 4, 2012
Insider Transaction Report
Form 4
SCHWARTZ ALAN G
Director
Transactions
- Award
Common Stock
2012-01-01$62.35/sh+96.231$6,000→ 19,668.006 total
Footnotes (2)
- [F1]Reflects number of Common Shares credited to the account of the Reporting Person in a payment of the Reporting Person's required quarterly retainer for the first quarter under the Cliffs Natural Resources Inc. Nonemployee Directors' Compensation Plan. Full shares earned pursuant to the Plan in 2012 will be issued effective January 1, 2013.
- [F2]The Board of Directors of Cliffs Natural Resources Inc. declared dividends of $0.28 per share, payable to all holders of record as of November 18, 2011. The amount shown reflects 77.9966 shares credited on December 1, 2011 to the Reporting Person pursuant to the Dividend Reinvestment and Stock Purchase Plan.