BELDEN INC. — Director's Dealing 2012

Feb 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BELDEN INC. (BDC)
CIK: 0000913142
Period of Report: 2012-02-28

Reporting Person: Kumra Naresh (EVP, Asia Pacific Ops.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-28	Common Stock	M	9400	$26.38	Acquired	42643	Direct
2012-02-28	Common Stock	D	6199	$40.005	Disposed	36444	Direct
2012-02-29	Common Stock	S	4300	$40.10	Disposed	32144	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-28	Stock Appreciation Rights	$26.38	M	9400	Disposed	2016-03-01	Common Stock (9400)	Direct

Footnotes

F1: This represents the difference between the number of SARs exercised (9,400) and the number of shares issued as a result of the exercise (3,201). 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 ($40.005) and the exercise price ($26.38).

F2: 3,134 SARs became exercisable on March 1, 2007, 3,134 SARs became exercisable on March 1, 2008 and 3,132 SARs became exercisable on March 1, 2009.