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BELDEN INC. — Director's Dealing 2013
Sep 5, 2013
31053_dirs_2013-09-05_f6ff52c6-29ef-4779-b7ce-437ec3eebe44.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: 2013-09-03
Reporting Person: Biegacki Steven (SVP, Global Sales & Mktg.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-03 | Common Stock | M | 21000 | $11.92 | Acquired | 33019 | Direct |
| 2013-09-03 | Common Stock | D | 10863 | $57.51 | Disposed | 22156 | Direct |
| 2013-09-03 | Common Stock | M | 21189 | $21.70 | Acquired | 43345 | Direct |
| 2013-09-03 | Common Stock | D | 14322 | $57.51 | Disposed | 29023 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-03 | Stock Appreciation Rights | $11.92 | M | 21000 | Disposed | 2019-02-24 | Common Stock (21000) | Direct |
| 2013-09-03 | Stock Appreciation Rights | $21.70 | M | 21189 | Disposed | 2020-02-22 | Common Stock (21189) | Direct |
Footnotes
F1: This represents the difference between the number of SARs exercised (21,000) and the number of shares issued as a result of the exercise (10,137). 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 ($57.51) and the exercise price ($11.92). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2: This represents the difference between the number of SARs exercised (21,189) and the number of shares issued as a result of the exercise (6,867). 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 ($57.51) and the exercise price ($21.70). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F3: 7,000 SARs became exercisable on February 24, 2010 and 7,000 SARs became exercisable on February 24, 2011 and 7,000 SARs became exercisable on February 24, 2012.
F4: 7,063 SARs became exercisable on February 22, 2011, 7,063 SARs became exercisable on February 22, 2012 and 7,063 SARs became exercisable on February 22, 2013.