Clearfield, Inc. — Director's Dealing 2011

Mar 3, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2011-02-21

Reporting Person: HERZOG DANIEL R (Interim CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	244	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase Common Shares	$3.3	2016-11-20	Common Stock (25000)		Direct

Footnotes

F1: The stock option was issued under the 2007 Clearfield Stock Option Plan, as amended. Pursuant to their terms options become exercisable at the rate of 33% per year commencing on November 10, 2010.