-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DVZ8tY4aL/N6UDf3FPX8bawypmK5dPl7jJlWXMgO4IJGQIGand5/2QkIwDnG8wjG RQpIsNw3PE9TwWEU7QYjMg== 0001171843-10-002690.txt : 20101223 0001171843-10-002690.hdr.sgml : 20101223 20101223145912 ACCESSION NUMBER: 0001171843-10-002690 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101221 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20101223 DATE AS OF CHANGE: 20101223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Clearfield, Inc. CENTRAL INDEX KEY: 0000796505 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 411347235 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16106 FILM NUMBER: 101272031 BUSINESS ADDRESS: STREET 1: 5480 NATHAN LANE NORTH STREET 2: SUITE 120 CITY: PLYMOUTH STATE: MN ZIP: 55442 BUSINESS PHONE: 763-476-6866 MAIL ADDRESS: STREET 1: 5480 NATHAN LANE NORTH STREET 2: SUITE 120 CITY: PLYMOUTH STATE: MN ZIP: 55442 FORMER COMPANY: FORMER CONFORMED NAME: APA Enterprises, Inc. DATE OF NAME CHANGE: 20041116 FORMER COMPANY: FORMER CONFORMED NAME: APA OPTICS INC /MN/ DATE OF NAME CHANGE: 19920703 8-K 1 f8k_122310.htm FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report:  December 21, 2010
(Date of earliest event reported)
 
CLEARFIELD, INC.
(Exact Name of Registrant as Specified in Charter)
 
Minnesota
(State or Other Jurisdiction of Incorporation)
 
0-16106
  
41-1347235
(Commission File No.)
  
(IRS Employer Identification No.)
 
5480 Nathan Lane North, Suite 120, Plymouth, MN 55442
(Address of Principal Executive Offices)(Zip Code)
 
(763) 476-6866
(Registrant’s Telephone Number, Including Area Code)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
 
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
 
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
 
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
Items under Sections 1 though 4 and 6 through 9 are not applicable and therefore omitted.

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
Director Stock Option Awards

On December 21, 2010, the Compensation Committee (the “Committee”) of the Board of Directors of Clearfield, Inc. (the “Company”) recommended, and the Board of Directors approved grant to each non-employee director elected or re-elected at the 2011 Annual Meeting of Shareholders of an option to purchase 5,000 shares of the Company’s common stock. The option will be granted the first business day following the date of the 2011 Annual Meeting of Shareholders.  The option will vest on the first business day prior to the date of the 2012 Annual Meeting, have a term of 6 years and an exercise price equal to the “Fair Market Value” of one share of as determined under the Company’s 2007 Stock Compensation Plan, as amended, on the date of grant.  The stock option grant is conditio ned upon approval of the Company’s shareholders of a proposal to amend the 2007 Stock Compensation Plan, which will be presented at the 2011 Annual Meeting of Shareholders.
 
 
 

 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
   
CLEARFIELD, INC.
     
 
By
/s/ Cheryl P. Beranek
Dated: December 23, 2010
  
Cheryl P. Beranek, Chief Executive Officer


-----END PRIVACY-ENHANCED MESSAGE-----