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

Role
VP and CAO
Signature
/s/ Doug Zink
Stock symbol
BDC
Transactions as of
Nov 4, 2022
Transactions value $
-$6,900
Form type
4
Date filed
11/8/2022, 03:42 PM
Previous filing
Jul 6, 2022
Next filing
Nov 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Options Exercise $48.6K +971 +13.71% $50.01 8.05K Nov 4, 2022 Direct
transaction BDC Common Stock Disposed to Issuer -$55.5K -752 -9.34% $73.75 7.3K Nov 4, 2022 Direct F1
holding BDC Common Stock 440 Nov 4, 2022 By 401(k) Plan F2

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 -971 -100% $0.00* 0 Nov 4, 2022 Common Stock 971 $50.01 Direct F3
* 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 (971) and the number of shares issued as a result of the exercise (219). 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 ($73.75) and the exercise price ($50.01). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.
F3 324 SARs became exercisable on March 4, 2014, 324 SARs became exercisable on March 4, 2015 and 323 became exercisable on March 4, 2016.