Vetor Duke D 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Feb 15, 2012
Insider Transaction Report
Form 4
Vetor Duke D
SVP - N. American Coal
Transactions
- Tax Payment
Common Stock
2012-02-13$71.89/sh−7,691$552,906→ 20,657 total - Award
Common Stock
2012-02-13$71.89/sh+16,285$1,170,729→ 28,348 total - Award
Common Stock
2012-02-13$71.89/sh+5,428$390,219→ 17,722 total(indirect: By VNQDC)
Footnotes (5)
- [F1]Reflects a payout of performance shares for the 2009-2011 performance period earned under the Issuer's 2007 Incentive Equity Plan.
- [F2]Reflects the surrender of 5,667 performance shares and 2,024 restricted share units from the 2009-2011 performance period in payment of the related tax liability incurred by the Reporting Person as a result of the award.
- [F3]Reflects a percentage of a payout in common stock of performance shares earned under the Issuer's 2007 Incentive Equity Plan from the 2009-2011 performance period and deferred under the Issuer's 2005 Voluntary Nonqualified Deferred Compensation Plan ("VNQDC").
- [F4]Balance shown reflects 43 and 49 shares acquired September 1, 2011 and December 1, 2011, respectively, pursuant to the dividend reinvestment feature of the VNQDC.
- [F5]Held for the benefit of the Reporting Person by the VNQDC.