Clearfield, Inc. — Director's Dealing 2011

Aug 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2011-08-05

Reporting Person: Beranek Cheryl P (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-05	Common Stock	M	10000	$1.3	Acquired	78952	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-05	Employee Stock Option (Right to Buy)	$1.3	M	10000	Acquired	2011-08-18	Common Stock (10000)	Direct