R. Daniel Herzog - Aug 8, 2022 Form 4 Insider Report for Clearfield, Inc. (CLFD)

Role
Chief Financial Officer
Signature
Taylor Keup by Power of Attorney for Daniel Herzog
Stock symbol
CLFD
Transactions as of
Aug 8, 2022
Transactions value $
-$1,007,450
Form type
4
Date filed
8/10/2022, 06:20 PM
Previous filing
Jul 5, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLFD Common Stock Options Exercise $122K +10K +24.96% $12.17 50.1K Aug 8, 2022 Direct F1
transaction CLFD Common Stock Tax liability -$614K -5.47K -10.92% $112.38 44.6K Aug 8, 2022 Direct
transaction CLFD Common Stock Sale -$515K -4.53K -10.16% $113.56 40.1K Aug 9, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLFD Employee Stock Option (Right to buy) Options Exercise $0 -10K -25.23% $0.00 29.6K Aug 8, 2022 Common Stock 10K $12.17 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercised as options were set to expire on 11/14/2022
F2 The stock option exercised vested in 1/3rd increments beginning 11/14/2019 through 11/14/2021.