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BELDEN INC. — Director's Dealing 2011
May 19, 2011
31053_dirs_2011-05-19_6097f5bd-f171-4d37-9c2e-406cbdd48827.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2011-05-17
Reporting Person: Derksen Henk (VP, FP&A and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-17 | Common Stock | M | 3200 | $25.805 | Acquired | 14287 | Direct |
| 2011-05-17 | Common Stock | D | 2584 | $36.11 | Disposed | 11703 | Direct |
| 2011-05-17 | Common Stock | M | 9467 | $11.92 | Acquired | 21170 | Direct |
| 2011-05-17 | Common Stock | D | 5184 | $36.11 | Disposed | 15986 | Direct |
| 2011-05-17 | Common Stock | M | 6884 | $21.70 | Acquired | 22870 | Direct |
| 2011-05-17 | Common Stock | D | 5029 | $36.11 | Disposed | 17841 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-17 | Stock Appreciation Rights | $25.805 | M | 3200 | Disposed | 2016-02-22 | Common Stock (3200) | Direct |
| 2011-05-17 | Stock Appreciation Rights | $11.92 | M | 9467 | Disposed | 2019-02-24 | Common Stock (9467) | Direct |
| 2011-05-17 | Stock Appreciation Rights | $21.70 | M | 6884 | Disposed | 2020-02-22 | Common Stock (6884) | Direct |
Footnotes
F1: This represents the difference between the number of SARs exercised (3,200) and the number of shares issued as a result of the exercise (616). 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 ($36.11) and the exercise price ($25.805). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2: This represents the difference between the number of SARs exercised (9,467) and the number of shares issued as a result of the exercise (4,283). 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 ($36.11) and the exercise price ($11.92). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F3: This represents the difference between the number of SARs exercised (6,884) and the number of shares issued as a result of the exercise (1,855). 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 ($36.11) and the exercise price ($21.70). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F4: The SARs became exercisable in three equal annual installments on February 22, 2007, February 22, 2008 and February 22, 2009.
F5: 4,734 SARs became exercisable on February 24, 2010 and 4,733 SARs became exercisable on February 24, 2011. The remaining 4,733 SARs will become exercisable on February 24, 2012.
F6: 6,884 SARs became exercisable on February 22, 2011. The remaining 13,768 SARs will become exercisable in equal installments on February 22, 2012 and February 22, 2013.