X0303 4 2011-03-08 0 0000764065 CLIFFS NATURAL RESOURCES INC. CLF 0001512021 McFadden William Jay 1100 SUPERIOR AVENUE 15TH FLOOR CLEVELAND OH 44114 0 1 0 0 VP, Global Coal & Alt. Energy Common Stock 2011-03-08 4 A 0 630 0.00 A 7540 D Reflects the number of restricted share units granted to the Reporting Person on March 8, 2011 for the Performance Period 2011 to 2013 from the Issuer's Amended and Restated Cliffs 2007 Incentive Equity Plan. /s/ Gina K. Gunning by Power of Attorney 2011-03-10