John P. Hill - Aug 8, 2022 Form 4 Insider Report for Clearfield, Inc. (CLFD)

Signature
Taylor Keup by Power of Attorney for John P. Hill
Stock symbol
CLFD
Transactions as of
Aug 8, 2022
Transactions value $
-$3,579,455
Form type
4
Date filed
8/10/2022, 05:56 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 $243K +20K +11.86% $12.17 189K Aug 8, 2022 Direct F1
transaction CLFD Common Stock Tax liability -$1.23M -10.9K -5.8% $112.38 178K Aug 8, 2022 Direct
transaction CLFD Common Stock Options Exercise $199K +16K +9% $12.43 194K Aug 8, 2022 Direct
transaction CLFD Common Stock Tax liability -$986K -8.77K -4.53% $112.38 185K Aug 8, 2022 Direct
transaction CLFD Common Stock Sale -$1.81M -16.3K -8.81% $110.91 169K Aug 9, 2022 Direct F2

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 -20K -23.1% $0.00 66.6K Aug 8, 2022 Common Stock 20K $12.17 Direct F3
transaction CLFD Employee Stock Option (Right to buy) Options Exercise $0 -16K -24.03% $0.00 50.6K Aug 8, 2022 Common Stock 16K $12.43 Direct F4
* 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 price in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $110.50 to $111.06
F3 The stock option exercised vested in 1/3rd increments beginning 11/14/2019 through 11/14/2021.
F4 The stock option exercised vested in 1/5th increments beginning 11/13/2020 through 11/13/2024.