R. Daniel Herzog - Nov 16, 2023 Form 4 Insider Report for Clearfield, Inc. (CLFD)

Signature
Darrell Hammond by Power of Attorney for Daniel Herzog
Stock symbol
CLFD
Transactions as of
Nov 16, 2023
Transactions value $
-$21,703
Form type
4
Date filed
11/20/2023, 06:11 PM
Previous filing
Aug 23, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLFD Common Stock Tax liability -$5.39K -206 -0.46% $26.18 44.3K Nov 16, 2023 Direct F1
transaction CLFD Common Stock Tax liability -$2.98K -114 -0.26% $26.18 44.2K Nov 16, 2023 Direct F2
transaction CLFD Common Stock Tax liability -$13.3K -509 -1.15% $26.18 43.7K Nov 16, 2023 Direct F3
transaction CLFD Restricted Stock Award $0 +9.55K +21.86% $0.00 53.2K Nov 16, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of taxes by withholding shares on vesting the last 33% of restricted stock that was granted on November 16, 2020.
F2 Payment of taxes by withholding shares on vesting the second 33% of restricted stock that was granted on November 16, 2021.
F3 Payment of taxes by withholding shares on vesting the first 33% of restricted stock that was granted on February 24, 2023.
F4 The restricted stock vests as to one-third of the shares on November 16, 2024, November 16, 2025 and November 16, 2026 subject to the reporting person's continued employment through each such date.