CLIFFS NATURAL RESOURCES INC. 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Nov 13, 2014
Insider Transaction Report
Form 4
Paradie Terrance M
Vice Pres.- Controller
Transactions
- Other
Common Shares
2014-08-06$17.15/sh+6,695.518$114,828→ 54,894.122 total - Other
Common Shares
2014-08-06$17.15/sh−6,695.518$114,828→ 0 total(indirect: VNQDC) - Tax Payment
Common Shares
2014-08-06$17.15/sh−1,560.518$26,763→ 53,333.604 total
Footnotes (3)
- [F1]Reflects an immediate distribution of the deferred shares from indirect ownership to direct ownership pursuant to a trigger of the change in control provision of the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").
- [F2]Held for the benefit of the Reporting Person by the VNQDC.
- [F3]Reflects the surrender of shares in payment of the related tax liability incurred by the Reporting Person as a result of the immediate distribution of deferred shares triggered by the change in control provision of the VNQDC.