Brian Lieser - Feb 15, 2024 Form 4 Insider Report for BELDEN INC. (BDC)

Role
EVP, Indust. Automation Solut.
Signature
/s/ Brian E. Anderson, attorney-in-fact for Brian Lieser
Stock symbol
BDC
Transactions as of
Feb 15, 2024
Transactions value $
-$58,242
Form type
4
Date filed
2/20/2024, 07:01 PM
Previous filing
Jan 10, 2024
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Options Exercise $41.4K +570 +3.29% $72.57 17.9K Feb 15, 2024 Direct
transaction BDC Common Stock Disposed to Issuer -$44.6K -528 -2.95% $84.54 17.4K Feb 15, 2024 Direct F1
transaction BDC Common Stock Tax liability -$55K -653 -3.76% $84.19 16.7K Feb 16, 2024 Direct F2
holding BDC Common Stock 205 Feb 15, 2024 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 Options Exercise $0 -570 -100% $0.00* 0 Feb 15, 2024 Common Stock 570 $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 (570) and the number of shares issued as a result of the exercise (42). 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 ($84.535) and the exercise price ($72.57). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2 Shares withheld for tax purposes related to February 16, 2021 restricted stock unit grant that vested on February 16, 2024.
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.