Clearfield, Inc. — Director's Dealing 2011

Jan 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2010-12-31

Reporting Person: BERANEK CHERI PODZIMEK (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	COMMON STOCK (ESPP)	A	2441	$2.13	Acquired	67441	Direct

Footnotes

F1: In accordance with the ESPP, these shares wer purchased based on 85% of the closing price on July 1, 2010.