Sec Form 13G Filing - JAIN ANIL K filing for Clearfield Inc. (CLFD) - 2010-02-16

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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SUBJECT COMPANY:

	COMPANY DATA:
		COMPANY CONFORMED NAME:			CLEARFIELD INC /MN/
		CENTRAL INDEX KEY:			0000796505
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPRATUS (3661)
		IRS NUMBER:				411347235
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:
		SEC FILE NUMBER:	005-39957

	BUSINESS ADDRESS:
		STREET 1:		5480 NATHAN LANE NORTH SUITE 120
		CITY:			PLYMOUTH
		STATE:			MN
		ZIP:			55442
		BUSINESS PHONE:		7634766866

	MAIL ADDRESS:
		STREET 2:		5480 NATHAN LANE NORTH SUITE 120
		CITY:			PLYMOUTH
		STATE:			MN
		ZIP:			55442

FILED BY:

	COMPANY DATA:
		COMPANY CONFORMED NAME:			JAIN ANIL K
		CENTRAL INDEX KEY:			0001104315
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPRATUS (3661)
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:
		STREET 1:		4 WEST BAY LANE
		CITY:			NORTH OAKS
		STATE:			MN
		ZIP:			55127
		BUSINESS PHONE:		6122108734

	MAIL ADDRESS:
		STREET 2:		4 WEST BAY LANE
		CITY:			NORTH OAKS
		STATE:			MN
		ZIP:			55127

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0001.txt



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 4)*


                                CLEARFIELD, INC.
                     ______________________________________
                                (Name of Issuer)


                          Common Stock, $0.01 Par Value
                     ______________________________________
                         (Title of Class of Securities)


                                   18482P
                     ______________________________________
                                 (CUSIP Number)


               ___________________________________________________
             (Date of Event which Requires Filing of this Statement)


     The  remainder  of  this  cover  page  should be filled out for a reporting
person's  initial  filing  on  this  form  with  respect to the subject class of
securities,  and for any subsequent amendment containing information which would
alter  the  disclosures  provided  in  a  prior  cover  page.

     The  information  required in the remainder of this cover page shall not be
deemed  to  be  "filed" for the purpose of Section 18 of the Securities Exchange
Act  of  1934 ("Act") or otherwise subject to the liabilities of that section of
the  Act  but  shall be subject to all other provisions of the Act (however, see
the  Notes).



                                  SCHEDULE 13G
- - ------------------------------------
CUSIP No. 18482P                               Page 2 of 6 pages, including
                                                    exhibits

- - -----------------------------------------
     1    NAMES  OF  REPORTING  PERSONS
          I.R.S. IDENTIFICATION NOS.  OF  ABOVE  PERSONS  (entities  only)

          Anil  K.  Jain
- - --------------------------
     2    CHECK  THE  APPROPRIATE  BOX  IF  A  MEMBER  OF  A  GROUP*  (a)  [ ]
                                                                      (b)  [ ]
          N/A
- - ------------------
     3    SEC  USE  ONLY

- - -----------------------------
     4    CITIZENSHIP  OR  PLACE  OF  ORGANIZATION
          USA
- - ---------------------------------------
                5     SOLE  VOTING  POWER
                      5,250
NUMBER  OF      ---------------------
SHARES          6     SHARED  VOTING  POWER
BENEFICIALLY          924,357
OWNED  BY       --------------------------
EACH            7     SOLE  DISPOSITIVE  POWER
REPORTING             5,250
PERSON  WITH    -------------------------------
                8     SHARED  DISPOSITIVE  POWER
                      924,357
- - --------------------------------------------
     9    AGGREGATE  AMOUNT  BENEFICIALLY  OWNED  BY  EACH  REPORTING  PERSON
          924,357
- - --------------------------------------------
     10   CHECK  BOX  IF  THE  AGGREGATE  AMOUNT  IN  ROW  (9) EXCLUDES CERTAIN
          SHARES    [X]
- - -----------------------------------------------
     11   PERCENT  OF  CLASS  REPRESENTED  BY  AMOUNT  IN  ROW  9
          11.6%
- - ------------------------------------------------
     12   TYPE  OF  REPORTING  PERSON (See Instructions)
          IN
- - -----------------------------------------------
     14   Check  the  appropriate  box  to  designate the rule pursuant to which
          this Schedule  is  filed:
          [ ]                Rule  13d-1(b)
          [ ]                Rule  13d-1(c)
          [X]                Rule  13d-1(d)



                                  SCHEDULE 13G
- - ---------------------------------------------
CUSIP No. 18482P                               Page 3 of 6 pages, including
                                                    exhibits
- - -------------------------------------------


                                     Item 1

(a)     Name  of  Issuer:
                 Clearfield,  Inc.

(b)     Address  of  Issuer's  Principal  Executive  Offices:
                 5480 Nathan Lane North, Suite 120
                 Plymouth,  Minnesota  55442

                                     Item 2

(a)     Name  of  Person  Filing
                 Anil  K.  Jain

(b)     Address  of  Principal  Business  Office  or,  if  none,  Residence:
                 4 West Bay Lane
                 North Oaks,  Minnesota  55127

(c)     Citizenship:
                 United  States

(d)     Title  of  Class  of  Securities:
                 Common  Stock,  $0.01  Par  Value

(e)     CUSIP  Number:
                 18482P



                                  SCHEDULE 13G
- - -------------------------------------------
CUSIP No. 18482P                              Page 4 of 6 pages, including
                                                    exhibits
- - ---------------------------------------------

If this statement is filed pursuant to Sec. Sec. 240.13d-1(b) or 240.13d-2(b) or
(c), check  whether  the  person  filing  is  a:          Not  Applicable

      (a)[ ] Broker  or  dealer  registered  under  section  15  of  the  Act.
      (b)[ ] Bank  as  defined  in  section  3(a)(6)  of  the  Act.
      (c)[ ] Insurance  company  as  defined  in  section  3(a)(19)  of the Act.
      (d)[ ] Investment  company  registered  under  section 8 of the Investment
             Company  Act  of  1940.
      (e)[ ] An  investment  advisor in accordance with rule 13d-1(b)(1)(ii)(E);
      (f)[ ] An  employee benefit plan or endowment fund in accordance with rule
             13d-1(b)(1)(ii)(F);
      (g)[ ] A  parent holding company or control person in accordance with rule
             13d-1(b)(1)(ii)(G);
      (h)[ ] A  savings  associations  as defined in Section 3(b) of the Federal
             Deposit  Insurance  Act.
      (i)[ ] A church plan that is excluded from the definition of an investment
             company  under  section  3(c)(14)  of the  Investment  Company  Act
             of  1940;
      (j)[ ] Group,  in  accordance  with  rule  13d-1(b)(1)(ii)(J).

                                     Item 4
Ownership:
     Provide  the  following  information  regarding  the  aggregate  number and
percentage  of  the  class  of  securities  of  the issuer identified in Item 1.

      (a) Amount  beneficially  owned:     924,357*
      (b) Percent  of  Class:               7.7%
      (c) Number  of  shares  as  to  which  the  person  has:
          (i)  Sole  power  to  vote  or  to  direct  the  vote:           5,250
          (ii) Shared  power  to  vote  or  to  direct  the  vote:       924,357
          (iii)Sole power to dispose or to direct the disposition of:      5,250
          (iv) Shared power to dispose or to direct the disposition of:  924,357

          *Excludes  5,250  Shares  held  by  Reporting  Person  as  Trustee  of
          Trusts  for  relatives   for  which  he  is not  a  beneficial  owner.
          Reporting  person  has sole power  to  vote,  dispose  or  direct  the
          disposition  of said Trust shares but disclaims  beneficial  ownership
          of  said  shares.



                                  SCHEDULE 13G
- - ----------------------------------------------
CUSIP No. 18482P                               Page 5 of 6 pages, including
                                                    exhibits
- - -------------------------------------------


                                     Item 5

Ownership  of  Five  Percent  or  Less  of  a  Class.

     If  this  statement  is  being filed to report the fact that as of the date
hereof  the  reporting person has ceased to be the beneficial owner of more than
five  percent  of  the  class  of  securities,  check  the  following [ ].

                                     Item 6

Ownership  of  More  than  Five  Percent  on  Behalf  of  Another  Person.

N/A

                                     Item 7

Identification  and Classification of the Subsidiary Which Acquired the Security
Being  Reported  on  By  the  Parent  Holding  Company

N/A

                                     Item 8

Identification  and  Classification  of  Members  of  the  Group.

N/A


                                     Item 9

Notice  of  Dissolution  of  Group.

N/A



                                  SCHEDULE 13G
- - --------------------------------------------
CUSIP No. 18482P                               Page 6 of 6 pages, including
                                                    exhibits
- - ------------------------------------------


                                     Item 10

Certification:

     Not  Applicable


                                    SIGNATURE

     After  reasonable  inquiry  and  to  the best of my knowledge and belief, I
certify  that  the information set forth in this statement is true, complete and
correct.


February 16,  2010                          (Date)


/s/ Anil  K.  Jain                          (Signature)
- - --------------------------------------

Anil  K.  Jain                              (Name/Title)




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