Clearfield, Inc. — Director's Dealing 2010

Aug 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2010-08-06

Reporting Person: ZUCKERMAN STEPHEN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-06	COMMON STOCK	M	5000	$1.41	Acquired	12000	Direct
2010-08-06	COMMON STOCK	S	1346	$2.63	Disposed	10654	Direct
2010-08-06	COMMON STOCK	S	3654	$2.65	Disposed	7000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-06	STOCK OPTION	$1.41	M	5000	Disposed	2010-08-19	COMMON STOCK (5000)	Direct

Footnotes

F1: (1) The optons vested August 19,2006