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

Reporting relationship: Former President and CEO
Issuer ticker: BDC
Reported as of: 22 Feb 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Feb 2023, 12:56:40 UTC
Prior SEC filing: 15 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Brian E. Anderson, attorney-in-fact for Roel Vestjens

Key filing fact

Roel Vestjens filed Form 4 for BELDEN INC. (BDC) on 24 Feb 2023.

Key facts

This page summarizes Roel Vestjens's Form 4 filing for BELDEN INC. (BDC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 24 Feb 2023, 12:56.

Change

Previous filing in this sequence was filed on 15 Feb 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BDC transaction

Common Stock

Award

Transaction value: $0
Shares: +8,680
Change %: +20%
Price: $0.000000
Shares after: 51,769
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F1

BDC transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -39,071
Change %: -75%
Price: $0.000000
Shares after: 12,698
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F2

BDC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 315
Date: 22 Feb 2023
Ownership: By 401(k) Plan
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BDC transaction Derivative

Stock Appreciation Rights

Disposed to Issuer

Transaction value: $0
Shares: -16,312
Change %: -33%
Price: $0.000000
Shares after: 32,625
Date: 22 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,312
Exercise price: $45.11
Footnotes: F4

BDC transaction Derivative

Stock Appreciation Rights

Disposed to Issuer

Transaction value: $0
Shares: -26,528
Change %: -67%
Price: $0.000000
Shares after: 13,265
Date: 22 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 26,528
Exercise price: $53.79
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Roel Vestjens is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.