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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 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 | ||||||||
Retention Units 2002-2004 | (4) | 03/01/2005 | Ìý | D | Ìý | Ìý | 3,000 (5) | Ìý (6) | Ìý (6) | Common Shares | 3,000 | $ 51.93 | 0 | D | Ìý |
Reporting Owner Name / Address | Relationships | |||
ÌýDirector | Ìý10% Owner | ÌýOfficer | ÌýOther | |
KUMMER RANDY L CLEVELAND-CLIFFS INC 1100 SUPERIOR AVE. 15TH FLOOR CLEVELAND,ÌýOHÌý44114 |
Ìý | Ìý | Ìý Senior VP-Human Resources | Ìý |
ÌýRandy L. Kummer | Ìý 03/07/2005 | |
**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) | Reflects payout in Common Stock of Performance Shares earned under the ÐÇ¿Õ´«Ã½ Inc 1992 Equity Plan (as Amended and Restated as of May 13, 1997) as amended, for the 2002-2004 Performance Period. |
(2) | Surrender of Performance Shares represented in footnote (1) in payment of the related tax liability of the reporting person. |
(3) | On December 31, 2004, the common stock of ÐÇ¿Õ´«Ã½ Inc split 2-for-1, resulting in the reporting person's acquisition of 1,720 additional shares of common stock. |
(4) | Convertible into Common Shares on a 1-for-1 basis. |
(5) | On December 31, 2004, the common stock of ÐÇ¿Õ´«Ã½ Inc split 2-for-1, resulting in the reporting person's acquisition of 1,500 additional retention units in the 2002-2004 Performance Period. |
(6) | Retention Units granted to Reporting Person under the ÐÇ¿Õ´«Ã½ Inc Long-Term Incentive Program covering the period of January 1, 2002 to December 31, 2004 (Retention Period) were paid-out to Reporting Person in cash on March 4, 2005, based on the market value prices of the Common Shares of the Issuer on the last day of the Retention Period. |