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

Role
Chief Financial Officer
Signature
Darrell Hammond by Power of Attorney for Daniel Herzog
Issuer symbol
CLFD
Transactions as of
16 Nov 2023
Net transactions value
-$21,703
Form type
4
Filing time
20 Nov 2023, 18:11:08 UTC
Previous filing
23 Aug 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLFD Common Stock Tax liability $5,393 -206 -0.46% $26.18 44,309 16 Nov 2023 Direct F1
transaction CLFD Common Stock Tax liability $2,985 -114 -0.26% $26.18 44,195 16 Nov 2023 Direct F2
transaction CLFD Common Stock Tax liability $13,326 -509 -1.2% $26.18 43,686 16 Nov 2023 Direct F3
transaction CLFD Restricted Stock Award $0 +9,549 +22% $0.000000 53,235 16 Nov 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.