Leah Tate - 21 Feb 2025 Form 4 Insider Report for BELDEN INC. (BDC)

Role
SVP - HR
Signature
/s/ Brian E. Anderson, attorney-in-fact for Leah Tate
Issuer symbol
BDC
Transactions as of
21 Feb 2025
Net transactions value
-$25,379
Form type
4
Filing time
25 Feb 2025, 21:51:47 UTC
Previous filing
11 Feb 2025
Next filing
28 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Tax liability $0 -435 -1.9% $0.000000 22,808 21 Feb 2025 Direct F1
transaction BDC Common Stock Tax liability $0 -241 -1.1% $0.000000 22,567 24 Feb 2025 Direct F2
transaction BDC Common Stock Options Exercise $23,721 +441 +2% $53.79 23,008 24 Feb 2025 Direct F4
transaction BDC Common Stock Disposed to Issuer $30,772 -277 -1.2% $111.09 22,731 24 Feb 2025 Direct F5
transaction BDC Common Stock Sale $18,329 -164 -0.72% $111.76 22,567 25 Feb 2025 Direct F6
holding BDC Common Stock 3,360 21 Feb 2025 By Spouse
holding BDC Common Stock 1,030 21 Feb 2025 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BDC Stock Appreciation Rights Options Exercise $0 -441 -100% $0.000000 0 24 Feb 2025 Common Stock 441 $53.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld for tax purposes related to portion of February 21, 2024 restricted stock unit grant that vested on February 21, 2025.
F2 Shares withheld for tax purposes related to February 22, 2022 restricted stock unit grant that vested on February 24, 2025.
F3 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
F4 The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Tate on November 8, 2024.
F5 This represents the difference between the number of SARs exercised (441) and the number of shares issued as a result of the exercise (164). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($111.09) and the exercise price ($53.79). Additional shares were then withheld to satisfy the Company's tax withholding obligations.
F6 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Tate on November 8, 2024.