From your home screen, tap the folder to access your clip list
From your clip list, tap the clip you want to save or share.
While the clip is playing, there will be several options on the clip itself. If you don't see those options, tap anywhere on the clip to bring them up.
Tap Share in the upper lefthand corner to pull up your various options for sharing your clip.
From the share menu, you can select an option like Mail to send the clip to a friend or family member using e-mail on your device.