CLEARFIELD, INC. (NASDAQ:CLFD) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
The Annual Meeting of Shareholders of Clearfield, Inc. (the “Company”) was held on February 21, 2019. Of the 13,645,144 shares of the Company’s common stock outstanding and entitled to vote, 11,278,022 shares, or 82.65%, were present either in person or by proxy.
The following describes the matters considered by the Company’s shareholders at the Annual Meeting, as well as the results of the votes cast at the meeting that resulted in approval of each nominee and each other proposal:
1.To elect six (6) directors of the Company to serve until the next Annual Meeting of Shareholders or until their respective successors have been elected and qualified.
| Nominee | For | Withheld | Broker Non-Vote |
| Ronald G. Roth | 6,775,449 | 207,913 | 4,294,660 |
| Cheryl Beranek | 6,864,873 | 118,489 | 4,294,660 |
| Roger Harding | 6,906,116 | 77,246 | 4,294,660 |
| Donald R. Hayward | 6,793,507 | 189,855 | 4,294,660 |
| Charles N. Hayssen | 6,876,782 | 106,580 | 4,294,660 |
| Patrick Goepel | 6,788,439 | 194,923 | 4,294,660 |
2.Advisory vote to approve named executive officer compensation.
| For | Against | Abstain | Broker Non-Vote |
| 5,807,428 | 1,154,389 | 21,545 | 4,294,660 |
3.To ratify the appointment of Baker Tilly Virchow Krause, LLP as the independent registered public accounting firm for the Company for the fiscal year ending September 30, 2019.
| For | Against | Abstain | Broker Non-Vote |
| 11,154,639 | 116,453 | 6,930 |
As a result, all nominees identified in Proposal 1 were elected as directors and Proposals 2 and 3 were approved.
About CLEARFIELD, INC. (NASDAQ:CLFD)
Clearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The Company’s products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies. Its products are sold across broadband service providers, including traditional telephone companies, competitive local exchange carriers, multiple service operators (cable television), wireless service providers, and municipal-owned utilities that utilize fiber in their service offerings to businesses and consumers.
