Roel Vestjens - 05 Aug 2021 Form 4 Insider Report for BELDEN INC. (BDC)

Role: President and CEO
Signature: /s/ Brian E. Anderson, attorney-in-fact for Roel Vestjens
Issuer symbol: BDC
Transactions as of: 05 Aug 2021
Net transactions value: -$372,183
Form type: 4
Filing time: 06 Aug 2021, 16:41:11 UTC
Previous filing: 06 Jul 2021
Next filing: 24 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BDC	Common Stock	Options Exercise	$39,033	+980	+1.8%	$39.83	54,655	05 Aug 2021	Direct
transaction	BDC	Common Stock	Disposed to Issuer	$42,903	-811	-1.5%	$52.90	53,844	05 Aug 2021	Direct	F1
transaction	BDC	Common Stock	Sale	$368,314	-7,013	-13%	$52.52	46,831	05 Aug 2021	Direct	F2
holding	BDC	Common Stock						294	05 Aug 2021	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	-980	-100%	$0.000000^*	0	05 Aug 2021	Common Stock	980	$39.83	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This represents the difference between the number of SARs exercised (980) and the number of shares issued as a result of the exercise (169). 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 ($52.9010) and the exercise price ($39.83). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2	This price represents the average purchase price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $52.5010 to $52.64. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
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	327 SARs became exercisable on February 27, 2013 and 327 SARs became exercisable on February 27, 2014 and 326 SARs became exercisable on February 27, 2015.