Ross Richard Andrew 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Jan 3, 2013
Insider Transaction Report
Form 4
Ross Richard Andrew
Director
Transactions
- Award
Common Stock
2013-01-01$38.57/sh+155.561$6,000→ 6,327.806 total
Footnotes (2)
- [F1]Reflects number of Common Shares credited to the account of the Reporting Person in payment of the Reporting Person's required quarterly retainer for the first quarter under the Cliffs Natural Resources Inc. Nonemployee Directors' Compensation Plan (the "Plan"). Full shares earned pursuant to the Plan in 2013 will be issued effective January 1, 2014.
- [F2]The amount reflects 16.3952, 47.9570 and 61.3060 shares of Restricted Stock acquired on June 1, 2012, August 31, 2012 and December 3, 2012, respectively, pursuant to a dividend reinvestment feature of the Plan. The Board of Directors of Cliffs Natural Resources Inc. declared dividends of $0.0625 per share, payable to all holders of record as of April 27, 2012, August 15, 2012 and November 23, 2012, respectively. The amount also reflects 2.9451, 3.870 and 4.9460 shares acquired on June 1, 2012, August 31, 2012 and December 3, 2012, respectively, pursuant to the Dividend Reinvestment and Stock Purchase Plan.