CLIFFS NATURAL RESOURCES INC. 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Aug 13, 2014
Insider Transaction Report
Form 4
TOMPKINS P KELLY
EVP Legal Govt. Aff.& Sustain.
Transactions
- Award
Common Shares
2014-08-06$17.15/sh+19,790$339,399→ 85,319 total - Disposition to Issuer
Common Shares
2014-08-06$17.15/sh−10,250$175,787→ 75,069 total - Disposition to Issuer
Common Shares
2014-08-06$17.15/sh−19,790$339,399→ 55,279 total
Holdings
- 3,956.357(indirect: VNQDC)
Common Shares
Footnotes (5)
- [F1]Reflects a payout of performance shares at 100 percent target for the 2012-2014 and 2013-2015 performance periods which were deemed earned under the change in control provision of the Issuer's 2012 Incentive Equity Plan, as amended.
- [F2]Reflects the number of restricted share units vested from the 2012-2014 and 2013-2015 grants under the Issuer's 2012 Incentive Equity Plan, as amended. The vested shares converted into a cash payment due to a trigger of the change in control provision of the Issuer's 2012 Incentive Equity Plan, as amended.
- [F3]The performance shares were converted into a cash payment due to a trigger of the change in control provision of the Issuer's 2012 Incentive Equity Plan, as amended.
- [F4]Balance shown reflects 29.825 and 39.328 shares acquired on March 3, 2014 and June 3, 2014, respectively, pursuant to the dividend reinvestment feature of the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC"). Balance shown also reflects an adjustment of 1.498 shares due to fractional shares not recorded prior to 2013.
- [F5]Held for the benefit of the Reporting Person by the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").