Doug Zink - Feb 25, 2022 Form 4 Insider Report for BELDEN INC. (BDC)

Role
VP and CAO
Signature
/s/ Doug Zink
Stock symbol
BDC
Transactions as of
Feb 25, 2022
Transactions value $
-$18,621
Form type
4
Date filed
3/1/2022, 08:19 PM
Previous filing
Feb 24, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Options Exercise $133K +3.35K +55.91% $39.83 9.34K Feb 25, 2022 Direct
transaction BDC Common Stock Disposed to Issuer -$152K -2.73K -29.27% $55.62 6.61K Feb 25, 2022 Direct F1
transaction BDC Common Stock Tax liability $0 -173 -2.62% $0.00 6.44K Feb 28, 2022 Direct F2
transaction BDC Common Stock Award $0 +322 +5% $0.00 6.76K Feb 28, 2022 Direct F3
holding BDC Common Stock 421 Feb 25, 2022 By 401(k) Plan F4

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 -3.35K -100% $0.00* 0 Feb 25, 2022 Common Stock 3.35K $39.83 Direct F5
* 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 (3,350) and the number of shares issued as a result of the exercise (616). 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 ($55.615) and the exercise price ($39.83). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2 Shares withheld for tax purposes related to February 28, 2019 restricted stock unit grant that vested on February 28, 2022.
F3 On February 28, 2019, the Reporting Person received a grant of 494 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 1.01 was applied to the PSUs resulting in an award of 499 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person.
F4 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan by the Reporting Person as of January 31, 2022.
F5 1,117 SARs became exercisable on February 27, 2013, 1,117 SARs became exercisable on February 27, 2014 and 1,116 SARs became exercisable on February 27, 2015.