Clearfield, Inc. — Director's Dealing 2011

Oct 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2011-10-14

Reporting Person: ZUCKERMAN STEPHEN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-14	Common Stock	M	7500	$1.16	Acquired	28000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-14	Employee Stock Option (Right to Buy)	$1.16	M	7500	Disposed	2015-02-27	Common Stock (7500)	Direct