Clearfield(CLFD) - 2023 Q3 - Quarterly Report

The Company's 2022 Stock Compensation Plan permits the Compensation Committee of the Board of Directors to grant stockbased awards, including stock options and restricted stock, to key employees and non-employee directors. The Company has made restricted stock grants that vest over one to ten years. During the nine months ended June 30, 2023, the Company granted employees restricted stock awards totaling 34,674 shares of common stock, with a vesting term of approximately three years and a fair value of $72. ...