Ross Richard Andrew 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Apr 3, 2013
Insider Transaction Report
Form 4
Ross Richard Andrew
Director
Transactions
- Award
Common Shares
2013-04-01$18.95/sh+316.623$6,000→ 6,662.578 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 second 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 16.801 shares of Restricted Stock acquired on March 1, 2013 pursuant to a dividend reinvestment feature of the Cliffs Natural Resources Inc. Nonemployee Directors' Compensation Plan (the "Plan") and 1.348 shares acquired on March 1, 2013 pursuant to the Dividend Reinvestment and Stock Purchase Plan. The Board of Directors of Cliffs Natural Resources Inc. declared dividends of $0.15 per share, payable to all holders of record as of February 22, 2013.