BELDEN INC. — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2012-02-10

Reporting Person: STAPLES CATHY O (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-10	Common Stock	M	4800	$25.805	Acquired	51114	Direct
2012-02-10	Common Stock	D	3771	$39.01	Disposed	47343	Direct
2012-02-13	Common Stock	S	100	$39.445	Disposed	47243	Direct
2012-02-13	Common Stock	S	400	$39.4594	Disposed	46843	Direct
2012-02-13	Common Stock	S	300	$39.465	Disposed	46543	Direct
2012-02-13	Common Stock	S	200	$39.4675	Disposed	46343	Direct
2012-02-13	Common Stock	S	600	$39.47	Disposed	45743	Direct
2012-02-13	Common Stock	S	400	$39.4738	Disposed	45343	Direct
2012-02-13	Common Stock	S	600	$39.4742	Disposed	44743	Direct
2012-02-13	Common Stock	S	200	$39.475	Disposed	44543	Direct
2012-02-13	Common Stock	S	200	$39.4775	Disposed	44343	Direct
2012-02-13	Common Stock	S	200	$39.48	Disposed	44143	Direct
2012-02-13	Common Stock	S	200	$39.485	Disposed	43943	Direct
2012-02-13	Common Stock	S	200	$39.4875	Disposed	43743	Direct
2012-02-13	Common Stock	S	200	$39.49	Disposed	43543	Direct
2012-02-13	Common Stock	S	200	$39.4975	Disposed	43343	Direct
2012-02-13	Common Stock	S	800	$39.50	Disposed	42543	Direct
2012-02-13	Common Stock	S	200	$39.51	Disposed	42343	Direct
2012-02-14	Common Stock	S	429	$39.301	Disposed	41914	Direct
2012-02-14	Common Stock	S	300	$39.306	Disposed	41614	Direct
2012-02-14	Common Stock	S	100	$39.308	Disposed	41514	Direct
2012-02-14	Common Stock	S	100	$39.311	Disposed	41414	Direct
2012-02-14	Common Stock	S	100	$39.333	Disposed	41314	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-10	Stock Appreciation Rights	$25.805	M	4800	Disposed	2016-02-22	Common Stock (4800)	Direct

Footnotes

F1: This represents the difference between the number of SARs exercised (4,800) and the number of shares issued as a result of the exercise (1,029). 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 ($39.01) and the exercise price ($25.805). Additional shares are then withheld to satisfy the Company's tax withholding obligations.

F2: 1,600 SARs became exercisable on February 22, 2007, 1,600 SARs became exercisable on February 22, 2008 and 1,600 SARs became exercisable on February 22, 2009.