GALLAGHER DONALD J 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Feb 26, 2013
Insider Transaction Report
Form 4
GALLAGHER DONALD J
Pres. N. Am. Iron Ore
Transactions
- Award
Common Shares
2013-02-21$26.84/sh+16,014$429,816→ 58,494.049 total - Tax Payment
Common Shares
2013-02-21$26.84/sh−6,714$180,204→ 51,780.049 total
Holdings
- 105,136(indirect: VNQDC)
Common Shares
Footnotes (4)
- [F1]Reflects a payout of performance shares for the 2010-2012 performance period earned under the Issuer's 2007 Incentive Equity Plan.
- [F2]Reflects the surrender of 5,288 performance shares and 1,426 restricted share units from the 2010-2012 performance period in payment of the related tax liability incurred by the Reporting Person as a result of the award.
- [F3]Balance shown reflects 396, 1,249, 1,627 and 2,087 shares acquired March 1, 2012, June 1, 2012, August 31, 2012 and December 3, 2012, 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.