Clearfield, Inc. — Director's Dealing 2010

May 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2010-05-05

Reporting Person: ROTH RONALD G (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-05	COMMON STOCK	P	26600	$2.6	Acquired	815590	Direct
2010-05-05	COMMON STOCK	P	1300	$2.59	Acquired	816890	Direct
2010-05-05	COMMON STOCK	P	1100	$2.58	Acquired	817990	Direct
2010-05-05	COMMON STOCK	P	3175	$2.57	Acquired	821165	Direct
2010-05-05	COMMON STOCK	P	1625	$2.56	Acquired	822790	Direct
2010-05-05	COMMON STOCK	P	400	$2.55	Acquired	823190	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	156760	Indirect