Doug Zink - 25 May 2023 Form 4 Insider Report for BELDEN INC. (BDC)

Role
VP and CAO
Signature
/s/ Doug Zink
Issuer symbol
BDC
Transactions as of
25 May 2023
Net transactions value
-$3,766
Form type
4
Filing time
30 May 2023, 11:43:32 UTC
Previous filing
09 Mar 2023
Next filing
05 Jun 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 Options Exercise $61,031 +841 +9.5% $72.57 9,700 25 May 2023 Direct
transaction BDC Common Stock Disposed to Issuer $64,797 -743 -7.7% $87.21 8,957 25 May 2023 Direct F1
holding BDC Common Stock 815 25 May 2023 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 -841 -100% $0.000000* 0 25 May 2023 Common Stock 841 $72.57 Direct
* 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 (841) and the number of shares issued as a result of the exercise (98). 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 ($87.21) and the exercise price ($72.57). 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.