CLIFFS NATURAL RESOURCES INC. 4
4 · CLIFFS NATURAL RESOURCES INC. · Filed Aug 13, 2014
Insider Transaction Report
Form 4
Paradie Terrance M
Vice Pres.- Controller
Transactions
- Disposition to Issuer
Common Shares
2014-08-06$17.15/sh−7,140$122,451→ 69,648.604 total - Disposition to Issuer
Common Shares
2014-08-06$17.15/sh−21,450$367,867→ 48,198.604 total - Award
Common Shares
2014-08-06$17.15/sh+21,450$367,867→ 76,788.604 total
Holdings
- 6,695.518(indirect: VNQDC)
Common Shares
Footnotes (4)
- [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]Held for the benefit of the Reporting Person by the Issuer's 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").