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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Units | (2) | 04/02/2007 | A | 58.5846 | (3) | (3) | Common Shares | 58.5846 | $ 64.01 | 4,659.7857 (4) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
RIEDERER RICHARD K S25 W35020 MANOR HOUSE RD. OCONOMOWAC, WI 53066 |
X |
Traci L. Forrester by Power of Attorney | 04/03/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On January 8, 2007, Cleveland-Cliffs Inc (the "Company") declared a dividend of $.125 per share, payable to all holders of record as of February 15, 2007 of common stock payable on March 1, 2007. The amount shown reflects 1.9068 shares acquired pursuant to a Dividend Reinvestment and Stock Purchase Plan for the Company's Common Stock and 20.053 restricted dividend reinvestment shares pursuant to the Nonemployee Directors' Compensation Plan ("Plan"). |
(2) | Convertible into Common Shares on a 1-for-1 basis. |
(3) | Reflects number of Common Shares underlying deferred compensation credited to the account of the Reporting Person in payment of the Reporting Person's Quarterly Required Retainer for the second quarter of 2007 under the Plan. Each Stock Unit is generally distributable following termination of service as a Director. |
(4) | On January 9, 2006, the Company declared a dividend of $.125 per share, payable to all holders of record as of February 15, 2007 of common stock payable on March 1, 2007. The amount shown reflects 8.8169 shares credited to the Reporting Person March 30, 2007 pursuant to a dividend reinvestment election for deferred shares under the Plan. |