Cleveland Cliffs Inc (CLF)

[Saving Grace]

These were "DIRECT" purchases of CLF stock not "Indirect".

Many firms offer officers and key employees opportunities to buy company stock at a discount. Money is withheld from paychecks and periodically like quarterly or semi-annually, company stock is bought for the employee at a discount, say 15% for example. This would be an indirect purchase. Bonuses to top officers also may be paid in the form of stock shares which would be indirect purchases. A direct purchase is when a company insider actually calls his/her broker and buys stock. Everything on the 14th was "Direct"

They may also be awarded indirect shares at the same time but these transactions were indeed "Direct" acquisitions.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10910692