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BELDEN INC. — Director's Dealing 2013
May 6, 2013
31053_dirs_2013-05-06_c2a127e1-c1ef-475f-82d0-02e6d38aa5c0.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: 2013-05-03
Reporting Person: Trivedi Dhrupad (President, Industrial IT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-03 | Common Stock | M | 6493 | $39.83 | Acquired | 9272 | Direct |
| 2013-05-03 | Common Stock | D | 5625 | $50.69 | Disposed | 3647 | Direct |
| 2013-05-06 | Common Stock | S | 868 | $51.1101 | Disposed | 2779 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-03 | Stock Appreciation Rights | $39.83 | M | 6493 | Disposed | 2022-02-27 | Common Stock (6493) | Direct |
Footnotes
F1: The exercise reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Trivedi on February 15, 2013.
F2: This represents the difference between the number of SARs exercised (6,493) and the number of shares issued as a result of the exercise (868). 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 ($50.69) and the exercise price ($39.83). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F3: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Trivedi on February 15, 2013.
F4: From the original grant of 19,480 SARs, 6,493 became exercisable on February 27, 2013. 6,493 SARs will become exercisable on February 27, 2014 and 6,494 SARs will become exercisable on February 27, 2015.