BRAKE WILLIAM 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Feb 15, 2012
Insider Transaction Report
Form 4
BRAKE WILLIAM
EVP, Human & Tech. Resources
Transactions
- Tax Payment
Common Stock
2012-02-13$71.89/sh−20,330$1,461,524→ 63,673 total - Award
Common Stock
2012-02-13$71.89/sh+42,300$3,040,947→ 84,003 total
Holdings
- 557(indirect: VNQDC)
Common Stock
Footnotes (4)
- [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 16,387 performance shares and 3,943 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]Balance shown reflects 2 and 2 shares acquired September 1, 2011 and December 1, 2011, respectively, pursuant to the dividend reinvestment feature of the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").
- [F4]Held for the benefit of the Reporting Person by the VNQDC.