Clearfield, Inc. — Director's Dealing 2016

Apr 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2016-04-07

Reporting Person: Hill John P (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-07	Common Stock	M	30000	$6.36	Acquired	223300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-07	Employee Stock Option (Right to Buy)	$6.36	M	30000	Disposed	2016-08-25	Common Stock (30000)	Direct

Footnotes

F1: The stock option vested in 20% increments beginning 8/25/2011 through 8/25/2015.