Roel Vestjens - 22 Feb 2023 Form 4 Insider Report for BELDEN INC. (BDC)

Role
Former President and CEO
Signature
/s/ Brian E. Anderson, attorney-in-fact for Roel Vestjens
Issuer symbol
BDC
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 12:56:40 UTC
Previous filing
15 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Award $0 +8,680 +20% $0.000000 51,769 22 Feb 2023 Direct F1
transaction BDC Common Stock Disposed to Issuer $0 -39,071 -75% $0.000000 12,698 22 Feb 2023 Direct F2
holding BDC Common Stock 315 22 Feb 2023 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 Disposed to Issuer $0 -16,312 -33% $0.000000 32,625 22 Feb 2023 Common Stock 16,312 $45.11 Direct F4
transaction BDC Stock Appreciation Rights Disposed to Issuer $0 -26,528 -67% $0.000000 13,265 22 Feb 2023 Common Stock 26,528 $53.79 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Roel Vestjens is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On February 22, 2020, the Reporting Person received a grant of 7,857 performance stock units ("PSUs"). Following the three-year performance period, a conversion factor of 2.00 was applied to the PSUs resulting in an award of 15,714 shares, subject to tax withholding. The number in this cell reflects the after-tax number of shares delivered to the Reporting Person.
F2 Pursuant to their terms, a total of 39,071 unvested restricted stock units were cancelled upon the Reporting Person's resignation from the Company on February 22, 2023.
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 Pursuant to their terms, 16,312 unvested stock appreciation rights from this grant were cancelled upon the Reporting Person's resignation from the Company on February 22, 2023.
F5 Pursuant to their terms, 26,528 unvested stock appreciation rights from this grant were cancelled upon the Reporting Person's resignation from the Company on February 22, 2023.