Ashish Chand - Jun 23, 2023 Form 4 Insider Report for BELDEN INC. (BDC)

Signature
/s/ Brian E. Anderson, attorney-in-fact for Ashish Chand
Stock symbol
BDC
Transactions as of
Jun 23, 2023
Transactions value $
-$654,441
Form type
4
Date filed
6/23/2023, 08:37 PM
Previous filing
Jun 22, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Sale -$654K -7.12K -13.49% $91.88 45.7K Jun 23, 2023 Direct F1, F2
holding BDC Common Stock 789 Jun 23, 2023 By 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 $90.67 to $93.62. 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 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.