Clearfield, Inc. — Director's Dealing 2012

Mar 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2012-03-13

Reporting Person: Hayward Donald R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-13	Common Stock	M	2500	$1.03	Acquired	8700	Direct
2012-03-13	Common Stock	M	5000	$0.96	Acquired	13700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-13	Employee Stock Option (Right to Buy)	$1.03	M	2500	Disposed	2012-08-24	Common Stock (2500)	Direct
2012-03-13	Employee Stock Option (Right to Buy)	$0.96	M	5000	Disposed	2014-02-28	Common Stock (5000)	Direct