Clearfield, Inc. — Director's Dealing 2016

Aug 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2016-08-02

Reporting Person: Beranek Cheryl (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-02	Common Stock	S	3501	$19.65	Disposed	592025	Direct
2016-08-04	Common Stock	S	6499	$18.97	Disposed	585526	Direct

Footnotes

F1: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.90.

F2: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.83 to $19.10.

F3: Shares sold for tax purposes as a result of exercised stock options.