| 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 | -738 | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 738 | $52.89 | Direct | F9 |
| transaction | BDC | Stock Appreciation Rights | Options Exercise | $0 | -9.58K | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 9.58K | $61.79 | Direct | F10 |
| transaction | BDC | Stock Appreciation Rights | Options Exercise | $0 | -9.3K | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 9.3K | $51.14 | Direct | F11 |
| transaction | BDC | Stock Appreciation Rights | Options Exercise | $0 | -8.75K | -66.67% | $0.00 | 4.37K | Jun 20, 2023 | Common Stock | 8.75K | $45.11 | Direct | F12 |
| transaction | BDC | Stock Appreciation Rights | Options Exercise | $0 | -3.86K | -33.34% | $0.00 | 7.71K | Jun 20, 2023 | Common Stock | 3.86K | $53.79 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | As indicated at the top of this Form 4, all of the transactions reflected herein were effected pursuant to a 10b5-1 plan, with the proceeds directed towards the purchase of a primary residence. |
| F2 | This price represents the average sale price for multiple transactions on this line. The prices of the transactions reported on this line ranged from $94.15 to $95.20. 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 | This represents the difference between the number of SARs exercised (738) and the number of shares issued as a result of the exercise (163). 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 ($94.67) and the exercise price ($52.89). Additional shares are then withheld to satisfy the Company's tax withholding obligations. |
| F4 | This represents the difference between the number of SARs exercised (9,580) and the number of shares issued as a result of the exercise (1,671). 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 ($94.67) and the exercise price ($61.79). Additional shares are then withheld to satisfy the Company's tax withholding obligations. |
| F5 | This represents the difference between the number of SARs exercised (9,297) and the number of shares issued as a result of the exercise (2,149). 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 ($94.67) and the exercise price ($51.14). Additional shares are then withheld to satisfy the Company's tax withholding obligations. |
| F6 | This represents the difference between the number of SARs exercised (8,748) and the number of shares issued as a result of the exercise (2,303). 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 ($94.67) and the exercise price ($45.11). Additional shares are then withheld to satisfy the Company's tax withholding obligations. |
| F7 | This represents the difference between the number of SARs exercised (3,858) and the number of shares issued as a result of the exercise (837). 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 ($94.67) and the exercise price ($53.79). Additional shares are then withheld to satisfy the Company's tax withholding obligations. |
| F8 | Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing. |
| F9 | 369 SARs became exercisable on February 24, 2018 and 369 SARs became exercisable on February 24, 2019. |
| F10 | 3,194 SARs became exercisable on February 28, 2020, 3,193 SARs became exercisable on February 28, 2021 and 3,193 SARs became exercisable on February 28, 2022. |
| F11 | 3,099 SARs became exercisable on February 11, 2021, 3,099 SARs became exercisable on February 11, 2022 and 3,099 SARs became exercisable on February 11, 2023. |
| F12 | 4,374 SARs became exercisable on February 16, 2022 and 4,374 SARs became exercisable on February 16, 2023. |