Roel Vestjens - Aug 5, 2021 Form 4 Insider Report for BELDEN INC. (BDC)

Role
President and CEO
Signature
/s/ Brian E. Anderson, attorney-in-fact for Roel Vestjens
Stock symbol
BDC
Transactions as of
Aug 5, 2021
Transactions value $
-$372,183
Form type
4
Date filed
8/6/2021, 04:41 PM
Previous filing
Jul 6, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Options Exercise $39K +980 +1.83% $39.83 54.7K Aug 5, 2021 Direct
transaction BDC Common Stock Disposed to Issuer -$42.9K -811 -1.48% $52.90 53.8K Aug 5, 2021 Direct F1
transaction BDC Common Stock Sale -$368K -7.01K -13.02% $52.52 46.8K Aug 5, 2021 Direct F2
holding BDC Common Stock 294 Aug 5, 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% $0.00* 0 Aug 5, 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.