Clearfield, Inc. — Director's Dealing 2016

Feb 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2016-02-29

Reporting Person: HERZOG DANIEL R (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-29	Common Stock	S	4000	$14.69	Disposed	59382	Direct

Footnotes

F1: Shares sold for tax purposes as a result of exercising options in February 2015.

F2: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.52 to $14.74.